BRN 4.26% 24.5¢ brainchip holdings ltd

Ann: Akida Wafer Fabrication Complete, page-263

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  1. 357 Posts.
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    Is there now light at the end of the tunnel for Brainchip? Are the long dark days/years now behind them? Can one Akida brain chip resurrect their previously subdued hopes and potential?
    Is this all too improbable to be realised? Too great a thing to be accomplished?
    Is Brainchip going just to fall flat again, when all the hype is over?

    Or is this the inevitable progression and culmination of years of hard work and creativity that is now being realised?

    (I'm not holding my breath, but now breathing more easily)

    Agreement with Ford Motor Company for the Evaluation of AkidaTM Neural Processor.
    On 24 May 2020, the Company signed a joint agreement with Detroit-based Company for evaluation of the Akida neural network System-on-Chip for Advanced Driver Assistance Systems & Autonomous Vehicle applications.
    The evaluation agreement was binding on execution which was signed into with Ford Motor Company and is not the subject of a fixed term. The deal is based upon a partnership to assess Akida as it relates to the automotive industry & payments under the agreement proposed to cover related expenses and received periodically during the evaluation process.
    Akida NSoC has an advanced and highly efficient neuromorphic nature, and the partners in the collaboration have also realised that these features provide a broad range of potential solutions to complex problems such as driver behaviour assessments and real-time object detection.
    The Akida NSoC exemplifies ground-breaking Neural Processing computing tools for Edge AI systems and gadgets. Each Akida NSoC has 10 billion synapses and 1.2 million neurons, demonstrating orders of magnitude improved effectiveness than other neural processing devices available.
    The unique combination of meagre power, high performance and on-chip learning enables for real-time processing at the sensor along with continuous learning. The objective is to facilitate personalisation of every driver’s understanding in real time & constant updates to the system with the change in the environmental conditions.
    https://kalkinemedia.com/au/blog/ai-player-brainchip-on-a-roll-signs-two-contracts-within-a-month

    Does all this really mean anything or is it merely going to go the way of all the past BRN agreements and evaluations of their technology?
 
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