Today's Exciting Announcement: "Akida Wafer Fabrication Complete"
What does it mean & what is it's importance? (My Opinion Only, NOT financial advice)
Well i've been following this company for year's now and this has always been one of the major developments shareholder's have been waiting for...
BrainChip are working with some big name's which ill post about below... & now with the Wafer Fabrication Complete, Those they've been working with can test it out... Once successful deals could potentially come!
I'll miss afew things so other holder's feel free to chime in and add information i might of missed!
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"In Conjunction with Socionext and Taiwan Semiconducter Manufacturing Company (TSMC)"
Who are they, well they're serious major players...
Have a look for yourself:
http://www.socionext.com/en/
https://www.tsmc.com/english/default.htm
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So based off that above, we can safely say the people they're working with are HUGE.
We look at previous announcement's to see what they're up to!
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Here's one that comes to mind i was able to find quickly:
https://hotcopper.com.au/threads/ann-joint-development-agreement-executed.5435814/#.Xv1VeygzaiM
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So they've signed a "joint development agreement utlizing BrainChip's Akida neuromorphic SoC with Valeo Corporation, a Tier 1 European automotive supplier for sensors and systems for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV)"
So it looks like they're doing AI for ADAS & AV!
Now we have more information, Valeo & Tier 1 European Automotive Supplier! big markets right? I thinkso!
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Some interesting snippets from the recent AGM Presentation:
https://hotcopper.com.au/threads/ann-annual-general-meeting-presentations.5415670/#.Xv1VfigzaiM
Snippet about BRN, Taken from Announcement:
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Hopefully that has helped some understand, Things are getting very exciting for this AI company now!
Please other holder's who know much more than me are welcome to chime in & add information!
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Please Note: This is purely my opinion only, Based upon speculation and is NOT financial advice.
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