BRN 0.00% 26.5¢ brainchip holdings ltd

Ann: Director Changes and First Innovation and Research Centre, page-34

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  1. 4,491 Posts.
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    "Mr van der Made noted, “With Akida proceeding to manufacturing and commercialization based on our current innovations in neuromorphic technology, my focus can now be fully dedicated to research that supports the Company’s product roadmap and address the high- growth artificial intelligence market for years to come.” Mr van der Made added, “I am proud of all of the BrainChip staff and their hard work to bring Akida to fruition."

    I see today's announcement as a huge positive. Peter's move to Perth indicates to me that his work on the first iteration of AKIDA is complete and he can now turn his attention to AKIDA Mach 2 and other innovations. That BRN's share price has hardly moved on this announcement shows an inability to read between the lines and a lack of understanding of the significance of what BRN is about to release to the AI market.
    Today's announcement may well be a precursor to a major announcement involving Socionext.

 
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