no I fully agree on they are a service provider, largely because...

no I fully agree on they are a service provider, largely because Infenion have not said boo nor can any material $ inputs be quantified as to their end of the partnership.

let's be clear, this is/was DMs attempt to glorify the spend to distract from the raise (as this was poorly thought through and badly executed). I'm guessing this happened because there was little to no strategy or planning and caught him by surprise relatively, in him not having enough runway to do this in a well planned manner. Infenion was not well planned, it probably came from Ting (as it was mentioned here some time back), thus he scrambled to do his job which was embarrassing. we also learnt he's got little to no credible relationships with institutional investors, otherwise we would not have witnessed the disaster in Nov/Dec. all we hear from him and insiders is this is niche and different, excuses.

A good exec will be 12-18 months away in thinking and scenario plannjng - if a happens then we do b, contingency 1. can cope with x scenarios and so on. 4DS lacks this capability. We also lack a solid PR capability, as good CEOs are often great at delivering market messages.

if 20nm is so groundbreaking for AI etc, then any reasonable expectation is 4DS should have a solid plan to be working with AI companies around testing to ensure any further development is maximised for real world systems and use cases. the relationships required to open these real partnerships need time, they should be being worked on and definitely not be secret. we therefore should have an answer to an product companies demands on 4DS progress, like testing data released, ability to work with specific technologies like custom chips and so on. None of this is simple and this is just one example of a strategy element required over the next 18-24 months. suggesting that this (Infenion) was a precursor to this field work is ok, but don't expect a positive market response when the results are positive but no groundwork has been done on these next steps, expecting the market to run to 4DS, gushing with money. Peter was brought on some time ago to work on this, this seems to have gone very quiet.

Tech/hardware companies need to get their product to real customers to test quickly and ideally multiple versions of the product, with all of this planned. it's not until real testing occurs that the memory can be designed to suit the use cases the chips & racks are built for. We're a long way from this and still very detail lite with the current leader. As an investor, it's wise to plan for underwhelming times ahead, because of this record of management underperformance.