BRN 2.38% 20.5¢ brainchip holdings ltd

Ann: Engagement in Civil Surveillance with French National Police, page-39

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    Hello Toulouse, again.

    Let's remind ourselves of the licensing deal in March for the JAST technology for unsupervised learning and how it was being integrated into SNAPvision.

    BrainChip President and CEO Louis DiNardo commented, “BrainChip has developed a suite of software and hardware products to support a wide range of applications and customer requirements. The JAST technology adds to our offering of SNvision, a software solution that runs on any Windows platform and our hardware solution, SNAPvision, that will be available in the third quarter of 2017. SNAPvision will implement existing learning rules and algorithms on a Field Programmable Gate Array (FPGA). The SNAPvision product can process a significantly larger number of video streams than the existing SNvision software only solution and will provide end-users with a wide range of analytics. The ability to learn on the device, and at near instant speeds sets our technology apart from other solutions that require long training cycles. The JAST learning rules will provide an exciting enhancement to our existing product offerings.”
    Toulouse Tech Transfer president and CEO Pierre Dufresne adds, “the JAST technology, a new unsupervised learning algorithm developed by Simon Thorpe and his team at CERCO, is a complementary approach to the traditional deep learning techniques. We believe that our alliance with BrainChip and its French subsidiary Spikenet Technology will enable a wide range of breakthrough applications. This illustrates the dynamism of our region in the AI field.”.

    So, there is a very real plan being successfully executed here.

 
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