Moment of truth coming for the billion-dollar BrainChip (SMH)

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"BrainChip says it is close to commercialising this new computer chip architecture in a world where the internet-of-everything is taking shape before our very eyes.

Neuromorphic chips can process data much faster and more efficiently than traditional computer processors. This is why giants like Intel and IBM are investing in the sector which is expected to grow to a $US65 billion ($92 billion) market by 2025.

Its faster processing and energy efficiency advantages make it a clear winner in a world where everyone from electric car manufacturers to drone and surveillance companies need to make sense of vast amounts of information at the edge of networks rather than sending back to a central area to process."

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"One example given is a neuromorphic chip sitting by the high definition cameras on an e-vehicle. The processor crunches the information on-the-spot to work out whether an object it has detected is a child, or a ball, and sends a message to the car's computer to work out: 'Should I stop' .

"What we find the large business opportunity to be is that transcends multiple markets, you can look at consumer goods, smart home applications, … automobiles, drones, medical instrumentation, medical diagnostics," says DiNardo. And there is plenty of room for a player like BrainChip he says."

You don’t need a lot of market share to build a big company, so we’re being somewhat selective about our target markets and applications. And fortunately for us, after a lot of hard work, we now have chips in hand. It’s not just about PowerPoint presentations .. we’ve actually got chips," he emphasises."