A friend in the US who is a Brainchip shareholder sent me the following extract from a Wall Street Journal article which appears relevant to the statement by Sean Hehir CEO as to what use the LDA Capital funds will be directed towards.
My opinion only DYOR
Fact Finder
“The artificial-intelligence boom is sending Silicon Valley’s talent wars to new extremes.Tech companies are serving up million-dollar-a-year compensation packages, accelerated stock-vesting schedules and offers to poach entire engineering teams to draw people with expertise and experience in the kind of generative AI that is powering ChatGPT and other humanlike bots. They are competing against each other and against startups vying to be the next big thing to unseat the giants.
Ann: Capital Call Notice, page-39
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