Company will Update the Market for the Quarter Ending 30 September 2020

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Join BrainChip CEO, Louis DiNardo, for this upcoming Market Update for Investors on October 19, 2020 at 9:00 a.m. AEST.

The update will include comments on the development of the Company’s Akida ™ Neuromorphic System-on-Chip (NSoC), as well as a discussion of the markets, customers and applications served by the Akida device and intellectual property. The Company’s Akida NSoC is a complex integrated circuit that includes multiple interfaces, Data-to-Event Converters, a CPU complex, on-chip memory and a neuron fabric to implement a complete neural network with no external components required. The specific market focus for the Akida commercialization remains on AI Edge applications for Smart Transportation, Smart Home, Smart Health and Smart Industrial IoT.

With a unique ability to process information such a sight, sound, smell, touch and taste in real-time with incremental learning, the Akida technology addresses the burgeoning US $50B market by 2025 in a manner that other solutions cannot accomplish with traditional Convolution Neural Networks (CNN) running in an outdated architecture that requires large mathematical computation, external memory and imposes significant latency in system response.