BRN 2.38% 20.5¢ brainchip holdings ltd

Media - BRN, page-6

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    Thanks @bain for tracking this one down.

    Created by Australian computer scientist Peter van der Made, BrainChip’s flagship innovation is a microchip that can independently learn, integrate and remember information much like the human brain, based on detecting and recognising patterns without the need for pre-programming.
    The startup developed the branch of artificial intelligence via a system that simulates how human neurons function.
    The company floated on the ASX in 2015 after its acquisition by Aziana Limited (now BRN), which at the time boosted Aziana’s share price by 125%. Since that time the company has acquired custom software developer Spikenet, which had been utilising BrainChip’s technology to further its hardware implementation goals.
    In BrainChip’s latest quarterly update, the company reported, among other achievements, a “successful placement which raised A$21.5 million”.
    With applications that assist forecasting, law and intelligence organisations, and with possible future integration into smartphones, drones and driverless cars, the market for BrainChip’s technology has a projected worth in the billions and offers a compelling glimpse into the future of technology.

    https://www.smartcompany.com.au/par...ttest-startups-to-list-on-the-stock-exchange/
 
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