The ‘Not the Brainchip Quarterly Report’ is a document that sets out material that might have been considered for inclusion in the Brainchip Quarterly 4C Report released April, 2023 but was overlooked by the Board of Directors and Chief Executive Officer.
The material contained herein is publicly available and mostly to be found on the Brainchip website.
Date: 29 April, 2023
Summary of Highlights from the first quarter 2023
1. SAN JOSE, Calif. , Jan. 3, 2023 /PRNewswire/ -- Edge Impulse announced today official support for BrainChip's neural processor AI IP , making BrainChip the first strategic IP partner on the Edge Impulse platform. - Edge Impulse and BrainChip Partner to Further AI Development with Support for the Akida platform
2. LAGUNA HILLS, CA / ACCESSWIRE / January 15, 2023 / A new white paper by BrainChip Holdings Ltd (ASX:BRN)(OTCQX:BRCHF)(ADR:BCHPY), the world's first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, evaluates the current state of edge AI benchmarks and the need to continually improve metrics that measure performance and efficiency of real-world, power-conscious edge AI deployments. – Tech Alert: BrainChip Showcases Compelling Benchmarks and Recommends Better Metrics for AI Devices at the Edge
3. LAGUNA HILLS, CA / ACCESSWIRE / January 29, 2023 / BrainChip Holdings Ltd (ASX:BRN)(OTCQX:BRCHF)(ADR:BCHPY), the world's first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, today announced that it has achieved tape out of its AKD1500 reference design on GlobalFoundries' 22nm fully depleted silicon-on-insulator (FD-SOI) technology. This milestone is part of validating BrainChip's IP across different processes and foundries, empowering partners with varied global manufacturing options.
The AKD1500 uses the latest features of BrainChip's extremely energy-efficient, event-based, Akida™ AI IP in combination with the GlobalFoundries' ultra-low leakage, proprietary FDX™ process technology platform, to deliver an ideal solution for always-on, at-sensor applications or other low-power embedded applications in AIoT, industrial, consumer and automotive markets.
In always-on, at-sensor use cases, Akida can completely offload feed-forward networks without the use of a CPU, which enables extremely energy efficient intelligent sensors. For other low-power embedded applications, the CPU solely performs sensor fusion processes or runs the application with Akida managing all the AI acceleration to significantly minimize CPU workload and system load, freeing up the MCU for other general-purpose computation. - BrainChip Tapes Out AKD1500 Chip in GlobalFoundries 22nm FD SOI Process
4. LAGUNA HILLS, CA / ACCESSWIRE / February 5, 2023 / BrainChip Holdings Ltd (ASX:BRN)(OTCQX:BRCHF)(ADR:BCHPY), the world's first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, today announced a partnership with AI Labs Inc. to collaborate on next-generation application development leveraging the Minsky™ AI Engine.
System health monitoring is a critical use case in industrial efficiency and productivity. As machines and processes get more complex, the ability to detect anomalies, identify challenges, predict impacts and offer solutions becomes increasingly difficult. Especially when those changes are barely discernible as standard machine diagnostics or discernable to human observation. A combination of the Minsky AI Engine, smart models, and the sensory inference capabilities of BrainChip's Akida™ provides a compelling and cost-effective solution to these real-world problems.
"Minsky is the world's most easy-to-use, proprietary, enterprise-grade AI engine that does not require data scientists or software developers to model and run predictions," said Bhasker Rao, Founder of Ai Labs. "When optimized for BrainChip's neuromorphic IP platform, the resulting solution will fuel rapid growth in the industrial AIoT space. Together with BrainChip's Akida IP and MetaTF™, we can radically improve development and deployment of predictive maintenance applications, such as vibration analysis, gas sensing, temperature sensing and others, preventing costly potential failures and reducing machine downtime. This streamlines processes and increases industrial efficiency and profitability." - BrainChip Partners with AI Labs on Next-Generation Application Development
5. LAGUNA HILLS, CA / ACCESSWIRE / February 26, 2023 / BrainChip Holdings Ltd (ASX:BRN)(OTCQX:BRCHF)(ADR:BCHPY), the world's first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, today announced that it has entered into a partnership with emotion3D to demonstrate in-cabin analysis that makes driving safer and enables next level user experience.
emotion3D offers state-of-the-art computer vision and machine learning software for image-based analysis of in-cabin environments. This analysis enables a comprehensive understanding of humans and objects inside a vehicle. The partnership will allow emotion3D to leverage BrainChip's technology to achieve an ultra-low-power working environment with on-chip learning while processing everything locally on device within the vehicle to ensure data privacy.
"We are committed to setting the standard in driving safety and user experience through the development of camera-based, in-cabin understanding," says Florian Seitner, CEO at emotion3D. "In combining our in-cabin analysis software with BrainChip's on-chip compute, we are able to elevate that standard in a faster, safer and smarter way. This partnership will provide a cascading number of benefits that will continue to disrupt the mobility industry." - BrainChip Partners with emotion3D to Improve Driver Safety and User Experience
6. LAGUNA HILLS, CA / ACCESSWIRE / March 1, 2023 / BrainChip Holdings Ltd (ASX:BRN)(OTCQX:BRCHF)(ADR:BCHPY), the world's first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, today announced that Teksun has joined its Essential AI Ecosystem. The partnership will begin the process of incorporating BrainChip's neuromorphic technology into a broad range of AI-featured devices that demand efficient and cost-effective performance.
Teksun focuses on end-to-end IoT & AI product development and enables differentiated intelligent solutions, such as predictive and preventative maintenance in industrial applications, analytics and diagnostics for digital healthcare, automotive, and vision-based devices for security and surveillance, to name a few. The partnership between the two companies will demonstrate and proliferate BrainChip's technology through Teksun product development channels.
"Teksun is committed to innovation and dedicated to providing our customers with the most advanced IoT solutions," said Brijesh Kamani - Founder & CEO of Teksun. "With BrainChip's Akida processor, we will be able to deliver next-generation AIoT devices that are faster, more efficient, and more intelligent than ever before and not just meet, but exceed the expectations of our customers." - BrainChip Expands Its Ecosystem with Teksun to Bring the Akida Processor to Next-Generation AIoT Devices
7. LAGUNA HILLS, CA / ACCESSWIRE / March 6, 2023 / BrainChip Holdings Ltd (ASX:BRN)(OTCQX:BRCHF)(ADR:BCHPY), the world's first commercial producer of ultra-low power, fully digital, neuromorphic AI IP, today announced the second generation of its Akida™ platform that drives extremely efficient and intelligent edge devices for the Artificial Intelligence of Things (AIoT) solutions and services market that is expected to be $1T+ by 2030. This hyper-efficient yet powerful neural processing system, architected for embedded Edge AI applications, now adds efficient 8-bit processing to go with advanced capabilities such as time domain convolutions and vision transformer acceleration, for an unprecedented level of performance in sub-watt devices, taking them from perception towards cognition.
The second-generation of Akida now includes Temporal Event Based Neural Nets (TENN) spatial-temporal convolutions that supercharge the processing of raw time-continuous streaming data, such as video analytics, target tracking, audio classification, analysis of MRI and CT scans for vital signs prediction, and time series analytics used in forecasting, and predictive maintenance. These capabilities are critically needed in industrial, automotive, digital health, smart home and smart city applications. The TENNs allow for radically simpler implementations by consuming raw data directly from sensors - drastically reduces model size and operations performed, while maintaining very high accuracy. This can shrink design cycles and dramatically lower the cost of development.
Another addition to the second generation of Akida is Vision Transformers (ViT) acceleration, a leading edge neural network that has been shown to perform extremely well on various computer vision tasks, such as image classification, object detection, and semantic segmentation. This powerful acceleration, combined with Akida's ability to process multiple layers simultaneously and hardware support for skip connections, allows it to self-manage the execution of complex networks like RESNET-50 completely in the neural processor without CPU intervention and minimizes system load.
The Akida IP platform has a unique ability to learn on the device for continuous improvement and data-less customization that improves security and privacy. This, combined with the efficiency and performance available, enable very differentiated solutions that until now have not been possible. These include secure, small form factor devices like hearable and wearable devices, that take raw audio input, medical devices for monitoring heart and respiratory rates and other vitals that consume only microwatts of power. This can scale up to HD-resolution vision solutions delivered through high-value, battery-operated or fanless devices enabling a wide variety of applications from surveillance systems to factory management and augmented reality to scale effectively.
"We see an increasing demand for real-time, on-device, intelligence in AI applications powered by our MCUs and the need to make sensors smarter for industrial and IoT devices," said Roger Wendelken, Senior Vice President in Renesas' IoT and Infrastructure Business Unit. "We licensed Akida neural processors because of their unique neuromorphic approach to bring hyper-efficient acceleration for today's mainstream AI models at the edge. With the addition of advanced temporal convolution and vision transformers, we can see how low-power MCUs can revolutionize vision, perception, and predictive applications in wide variety of markets like industrial and consumer IoT and personalized healthcare, just to name a few."
"Advancements in AI require parallel advancements in on-device learning capabilities while simultaneously overcoming the challenges of efficiency, scalability, and latency," said Richard Wawrzyniak, principal analyst at Semico Research. "BrainChip has demonstrated the ability to create a truly intelligent edge with Akida and moves the needle even more in terms of how Edge AI solutions are developed and deployed. The benefits of on-chip AI from a performance and cost perspective are hard to deny." - BrainChip Introduces Second-Generation Akida Platform
By following the link herein you can access all of the independent semiconductor testimonials that accompanied the release of the Second-Generation Akida Platform:
brainchip.com BrainChip Introduces Second-Generation Akida Platform BrainChip Introduces Second-Generation Akida Platform Introduces Vision Transformers and Spatial-Temporal Convolution for radically fast, hyper-efficient and secure Edge AIoT products, untethered from the cloud Laguna Hills, Calif. – March 6, 2023 – BrainChip Holdings Ltd (ASX: BRN, OTCQX... brainchip.com brainchip.com
8. LAGUNA HILLS, CA / ACCESSWIRE / March 10, 2023 / BrainChip Holdings Ltd (ASX:BRN)(OTCQX:BRCHF)(ADR:BCHPY), the world's first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, today announced it will showcase its Akida™ platform for next-generation edge AI at Embedded World 2023, March 14-16 in Nuremberg, Germany. BrainChip will exhibit in booth 2-238 at the TinyML pavilion and also have a presence in partner booths such as Edge Impulse.
Akida processors power next-generation edge AI in a range of industrial, home, automotive, and scientific environments. Akida's fully digital, customizable, event-based neural processor and IP is ideal for advanced AI/ML devices such as intelligent sensors, medical devices, high-end video-object detection, and ADAS/autonomous systems. Akida's neuromorphic architecture delivers high performance with extreme energy efficiency that enables partners to deliver AI solutions previously not possible on battery-operated or fan-less embedded, edge devices. Akida also has a unique ability to learn on device in a secure fashion, without need for cloud retraining. - Media Alert: BrainChip Demonstrates Edge AI Processing at Embedded World 2023 in Nuremberg
9. LAGUNA HILLS, CA / ACCESSWIRE / March 12, 2023 / BrainChip Holdings Ltd (ASX:BRN)(OTCQX:BRCHF)(ADR:BCHPY), the world's first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, today announced it has validated that its Akida™ processor family integrates with the Arm® Cortex®-M85 processor, unlocking new levels of performance and efficiency for next-generation intelligent edge devices.
Arm Cortex-M85 delivers the highest levels of performance in the Arm Cortex-M family. It enables system developers to build the most sophisticated variety of MCUs and embedded SoCs for IoT and embedded applications that require enhanced digital signal processing (DSP) and machine learning (ML) capabilities. Use cases include smart home devices, robotics, and drone control, secured system controllers and sensor hubs. By successfully demonstrating Akida's capabilities with the Arm Cortex-M85 in a fully functioning environment, BrainChip paves the way for a new generation of intelligent edge devices that are capable of delivering unprecedented levels of performance and functionality, built on leading-edge technology from Arm.
"In order to serve the diverse and growing IoT market, developers require a new standard of secure, high-performance microcontrollers, combined with endpoint ML capabilities," said Paul Williamson, SVP and GM, IoT Line of Business at Arm. "The integration of Arm's highest performance microcontroller with the Akida portfolio enables our partners to deliver on this potential and efficiently handle advanced machine learning workloads." - BrainChip integrates Akida with Arm Cortex-M85 Processor, Unlocking AI Capabilities for Edge Devices
10. BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, joins the Edge Impulse ML Series as a Platinum Partner to showcase advanced edge machine learning innovation with an audience of invite-only guests.
The exclusive series features six one-day, in-person events that explore the benefits of edge machine learning, ways to differentiate products with embedded intelligence and how to deliver value in less time while lowering operating costs using AI tools like Edge Impulse. Each event features keynotes from industry leaders, hands-on workshops, customer success stories, insights on deploying ML solutions at scale and live demonstrations.
At Edge Impulse ML events, BrainChip presents “Edge AI: Ready When You Are!” The keynote addresses AI’s promise to provide new capabilities, efficiencies and economic growth, all with the potential for improving the human condition. There are numerous challenges to delivering on this promise, particularly the need for performant, secure edge AI. BrainChip will highlight the readiness of the industry to deliver edge AI and the path to its imminent transition. - Media Alert: BrainChip Illustrates AIoT Readiness at the Edge Impulse ML Series
11. BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, today announced that Intellisense Systems Inc. has selected its neuromorphic technology to improve the cognitive communication capabilities on size, weight and power (SWaP) constrained platforms (such as spacecraft and robotics) for commercial and government markets.
Intellisense's intelligent radio frequency (RF) system solutions enable wireless devices and platforms to sense and learn the characteristics of the communications environment in real time, providing enhanced communication quality, reliability and security. By integrating BrainChip’s Akida™ neuromorphic processor, Intellisense can deliver even more advanced, yet energy efficient, cognitive capabilities to its RF system solutions.
One such project is the development of a new Neuromorphic Enhanced Cognitive Radio (NECR) device to enable autonomous space operations on platforms constrained by size, weight and power (SWaP). Intellisense’s NECR technology provides NASA numerous applications and can be used to enhance the robustness and reliability of space communication and networking, especially cognitive radio devices. Smart sensing algorithms will be implemented on neuromorphic computing hardware, including Akida, and then integrated with radio frequency modules as part of a Phase II prototype.
"We are excited to partner with BrainChip and leverage their state-of-the-art neuromorphic technology," said Frank T. Willis, President and CEO of Intellisense. "By integrating BrainChip's Akida processor into our cognitive radio solutions, we will be able to provide our customers with an unparalleled level of performance, adaptability and reliability." - BrainChip's Neuromorphic Technology Enables Intellisense Systems to Address Needs for Next-Generation Cognitive Radio Solutions
12. BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event- based, neuromorphic AI IP, and Blue Ridge Envisioneering (BRE), an engineering specialist serving the defense and intelligence communities, today announced a collaboration to support advanced decision-making applications for broad range of tactical devices.
BRE, a Black Signal Technologies company, will integrate BrainChip AkidaTM processors in a variety of high performance applications.
Tactical devices such as these are deployed where they have restrictive thermal requirements and limited access to power yet are required to operate efficiently. Akida’s ability to perform data processing, including AI/ML tasks at the edge, and its power-conserving neuromorphic design makes its utility in military and intelligence settings a potential breakthrough.
“Almost all conventional Deep Neural Networks are developed to run on power-hungry GPUs that strain power systems and generate a significant amount of heat; when data must be processed in real-time on a remote device, the challenge for hardware developers is immense,” said Stefan Moritz, BRE. “BrainChip’s Akida will be useful for tactical devices that ingest sensor data and use AI/ML to improve decision- making.” - BrainChip and Blue Ridge Envisioneering Collaborate on Next- Generation Tactical Edge Devices
13. Technology Virtual Investor Conference: Presentations Now Available for Online Viewing
(CEO Sean Hehir’s presentation to the conference is available through the above link.)
14. April 26, 2023 – BrainChip took top honors at this year’s Embedded World conference in Nuremberg, German. VDC Research created the award to recognize those companies that make the most important advances in the IoT and embedded software, hardware, and services industries.
BrainChip took the award for IP. The Akida 2nd Generation Platform supports the embedded AI processor market and is sure to drive groundbreaking progress in the industry, particularly at the far Edge. More complex networks like RESNET-50 can be processed by Akida without CPU intervention and the platform supports 8-bit weights to go with existing 4,2,1 bit support. Akida also adds an efficient vision transformer implementation for acceleration and can handle 3D data for applications like video object detection and target tracking as well as 1D time series data for streaming data on devices with limited memory, battery, and compute resources. - https://www.edge-ai-vision.com/2023/04/vdc-awards-brainchip-an-embeddy-award-at-embedded-world-2023/
15. LAGUANA HILLS, CA / ACCESSWIRE / December 29, 2022 / BrainChip Holdings Ltd (ASX:BRN)(OTCQX:BRCHF)(ADR:BCHPY), the world's first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, today announced that it will be joining partners Prophesee, Socionext, and VVDN January 5-8 at CES to showcase compelling solutions on constrained edge devices, featuring its Akida™ processors. Akida processors simplify development by supporting today's mainstream network models and workflows while being future-proofed for next-generation edge AI solutions.
BrainChip joins Prophesee at The Venetian Hotel as part of a technology showcase highlighting Prophesee's Metavision® platform. BrainChip partners with Prophesee to optimize computer vision AI performance and efficiency to deliver next-generation platforms for OEMs interested in integrating event-based vision systems with high levels of AI performance coupled with ultra-low power technologies.
BrainChip joins Socionext in the Vehicle Tech and Advanced Mobility Zone, located in the Las Vegas Convention Center, North Hall in Booth 10654. Socionext will be showcasing its leading-edge technologies and solutions in automotive imaging, AI, and smart sensing to help customers develop feature rich custom SoCs that enable product differentiation with an added competitive edge. Socionext has played an important role in the implementation of BrainChip's AI technology in SoCs and the companies are working together to satisfy the need for AI in edge computing. As part of this showcase, BrainChip will be highlighting its functionality with NVISO's human-behavior software designed for the automotive in-cabin environment.
VVDN Technologies has more than a decade of experience in product engineering and manufacturing electronic solutions. VVDN offers a value proposition by being a one-stop shop for customers by offering complete hardware, software, mechanical, testing, prototyping, certification, and manufacturing services. The company's focus is to help customers with their next technology innovation in the space of 5G, Wireless, AI/ML on Vision-based solutions, IoT, Cloud and Apps. To enable the same, BrainChip will be highlighting its industry leading technology at the VVDN Technologies Booth 10870 at CES developing opportunities for next generation products. - https://finance.yahoo.com/news/brainchip-joins-technology-partners-during-170000207.html
16. 2023 – TATA CONSULTING SERVICES CONTINUE THEIR RELATIONSHIP WITH BRAINCHIP AND RECEIVE CONGRATULATIONS ON THEIR SUCCESSFUL WORK BY ANIL MANKAR VIA SOCIAL MEDIA -
Sounak Dey
Senior Scientist, Neuromorphic Computing and Spiking Neural Network, TCS Research
Emergence of small satellites for earth observation missions has opened up new horizons for space research but at the same time posed newer challenges of limited power and compute resource arising out of the size & weight constraints imposed by these satellites. In our paper, titled "Low Power & Low Latency Cloud Cover Detection in Small Satellites Using On-board Neuromorphic Processors", accepted at #IJCNN 2023, a premier AI conference, we have shown how a multistage CNN trained on multispectral Earth observation images for Cloud Cover Detection, can be converted into an SNN using the CNN2SNN conversion toolkit of Brainchip. Further, the converted SNN running on AKIDA neuromorphic platform can achieve 95.46% accuracy while power consumption and latency are found to be upto 230x & 7x more efficient than the CNN running on a Jetson TX2.
Thanks to all the co-authors Chetan Kadway Arijit Mukherjee Dr. Arpan Pal and a special thanks to Gilles Bézard and BrainChip without whose active support this work would not have been successful. Tata Consultancy Services - Research #SNN #NeuromorphicComputing
17. QUANTUM VENTURA CONTINUE THEIR RESEARCH INTO NEUROMORPHIC SNN COMPUTING AND HOW BRAINCHIPS AKIDA TECHNOLOGY MAY BE UTILISED WITH IMPRESSIVE RESULTS SUPPORTING THE PUBLISHED FINDINGS BY TATA CONSULTING SERVICES, EDGE IMPULSE & NVISO THAT AKD1000 OUT PERFORMS GPU’S BOTH ON COST, PERFORMANCE AND POWER CONSUMPTION:
neurotechx.com Internship Position in AI, ML and MetaOptics - Part time/ Full time - Quantum Ventura Tremendous research opportunity(ies) is (are) available to work on cutting edge AI/ML AND/OR metamaterial optics (meta- optics) projects for self-motivated part time or full time candidates open to learning new technologies. For a three to six month engagement [extendable], at 20 to 40 hours per... neurotechx.com neurotechx.com
18. BRAINCHIP’S AKIDA TECHNOLOGY MAKES AUTONOMOUS SATELLITE REPAIR ROBOTS POSSIBLE AND Gilles BEZARD FROM BRAINCHIP’S FRENCH OFFICE SHARED ANT61s SOCIAL MEDIA POST:
“ A neuromorphic chip inspired by the human mind? It seems like a concept from a sci-fi novel, yet it's the perfect core for our cutting-edge space robot!
In 2025, we plan to launch our repair robot to orbit. Akin to the skilled droids from Star Wars, it will be repairing a spacecraft. Our robot needs an AI-driven brain that surpasses the limitations of current technology to perform complex repair tasks in the unforgiving vacuum of space.
We needed something exceptional.
We teamed up with BrainChip , the pioneers behind the neuromorphic Akida AI chip. This cutting-edge chip enables our robots to perceive and interact with their surroundings in space, learning in the process.
Our robot's brain, powered by this groundbreaking technology, is set to launch into orbit in January 2024 aboard the Space Machines Company spacecraft. Once there, we will refine our robot's vision system, training with a video feed directly from the satellite's cameras.
Working with the Brainchip team on this mission was a great pleasure! They supported us along the way, providing their chips and engineering advice.
In the coming weeks, we'll tell you more about the chip's capabilities and what we had to do to space-qualify our system.
19. BRAINCHIP UPS ITS PRESENCE IN JAPAN ON 2 MARCH, 2023 WITH THE APPOINTMENT OF KATSUTOSHI YAMAZAKI AS ITS COUNTRY HEAD, JAPAN. Mr. Yamazaki has a distinguished career having served as:
VP & GM at LeapMind Inc Efficiera Division, VP & GM at Blueoil Division, Director ARM Japan, Market Development Manager, Manager Sales & then Director of Sales Broadcom Limited Japan and Marketing Manager InfineonTechnologies.
WARNING: As this report was constructed from publicly available material it should be read as likely not to be comprehensive of everything achieved by the Board and Management of Brainchip during first quarter 2023 as they have publicly stated they are not permitted to talk about the bulk of their customer engagements as a result of non disclosure agreements. Therefore the above entirely factual list should not be relied upon for any purpose particularly not for valuing Brainchip as any valuation that is arrived at without all the relevant material is likely to be highly inaccurate.
BRN Price at posting:
40.5¢ Sentiment: Hold Disclosure: Held
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