BRN 2.00% 24.5¢ brainchip holdings ltd

Been having a look on the MegaChips Website seems like they are...

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    Been having a look on the MegaChips Website seems like they are ramped up and out there pushing Akida for AI.

    'The most recent expansion of our IP portfolio is in the area of Edge AI. We believe that Edge AI IP and software will make their way into the majority of our products in the future'. (Keeping in mind they have $1B Revenue).

    MegaChip also has an investment in Quadric which they are are also backing for Edge AI but it seems to be an accelerator there wasnt much crossover on features or Use Cases as seen here - https://megachips.com/artificial-intelligence-machine-learning/

    So if AI is going into the majority of their products good chance Akida will get a good share here.


    https://hotcopper.com.au/data/attachments/4380/4380714-79d4c486313ac1781649b62488915fb5.jpg

    26/04/2022 - 'MegaChips, the leading custom ASIC company in Japan, today announced the launch of its AI Partner Program, which allows companies to integrate powerful AI capabilities without requiring in-house AI experts, allowing vendors to focus on their key strengths and ensuring top quality for the final product'. 'MegaChips is also announcing its expansion into the U.S. market after extensive success in Japan.'

    26/05/2022 - “By MegaChips partnering with BrainChip we can deliver customers highly sought-after edge AI solutions and expedite time to market,” said Douglas Fairbairn, Director of Business Development for MegaChips LSI USA. “Together we plan to develop innovative LSIs as the silicon partner of BrainChip, helping take customers from ideation to silicon.'

    I like the timing, seems MegaChips is starting to make noise about moving Into AI & the US and they are taking us with them.

    This was also reported in the Market Herald back in November when the MegaChip BRN deal was signed - 'As it stands, BrainChip is expecting to table aggregate revenue of US$2 million (A$2.8 million) through to December 31, 2022, under the MegaChips deal. However, the company says many potential revenue streams — such as royalty arrangements and proof-of-concept project fees — are not yet quantifiable'
    https://themarketherald.com.au/brainchip-asxbrn-clarifies-megachips-contract-revenue-arrangements-2021-11-25/

    Which to me looks to align nicely with MegaChips making noise now - we will possibly be seeing some notable revenue figures before the years out!
 
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