BRN 2.00% 24.5¢ brainchip holdings ltd

Can anyone confirm if Brainchip have a MOU with the following...

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    Can anyone confirm if Brainchip have a MOU with the following companies. I got this information off the public domain:
    Brainchip has an MOU with China Unicom. The MOU was signed on March 8, 2023, and it outlines the two companies' intention to collaborate on the development and commercialization of Brainchip's Akida neuromorphic processor technology in China.

    Under the MOU, China Unicom will provide Brainchip with access to its customer base and technical expertise, while Brainchip will provide China Unicom with its Akida technology. The two companies will work together to develop and deploy Akida-based solutions for a variety of applications, including artificial intelligence, edge computing, and autonomous driving.

    The MOU is a significant development for Brainchip, as it provides the company with a major foothold in the Chinese market. China is one of the world's largest and fastest-growing markets for artificial intelligence, and China Unicom is one of the largest telecommunications companies in the world. The collaboration between Brainchip and China Unicom has the potential to accelerate the commercialization of Akida technology and to help Brainchip achieve its long-term growth goals.

    Here are some of the key benefits of the MOU between Brainchip and China Unicom:

    • Access to China Unicom's customer base: China Unicom has a large and growing customer base in China, which provides Brainchip with a valuable opportunity to reach a wider audience for its Akida technology.
    • Access to China Unicom's technical expertise: China Unicom has a wealth of technical expertise in the areas of artificial intelligence, edge computing, and autonomous driving. This expertise will be invaluable to Brainchip as it develops and deploys Akida-based solutions for these markets.
    • Increased market share in China: The Chinese market is one of the world's largest and fastest-growing markets for artificial intelligence. The MOU with China Unicom will help Brainchip to increase its market share in this important market.
    • Increased brand awareness: The MOU with China Unicom will help to raise Brainchip's profile in China and around the world. This will help Brainchip to attract new customers and partners.

    Brainchip and AT&T have a Memorandum of Understanding (MOU) to collaborate on the development and commercialization of Brainchip Akida-powered solutions for AT&T’s 5G and Edge computing initiatives. The MOU was signed in February 2023 and outlines the two companies’ intention to work together to develop and deploy Brainchip Akida-powered solutions for a variety of use cases, including:

    • 5G network slicing: Brainchip Akida’s low power and high performance can be used to create network slices that can be tailored to specific applications, such as augmented reality or autonomous driving.
    • Edge computing: Brainchip Akida can be used to bring compute and intelligence closer to the edge of the network, where latency and bandwidth requirements are more demanding.
    • Massive MIMO: Brainchip Akida can be used to improve the performance of Massive MIMO systems, which use large numbers of antennas to improve the performance of 5G networks.
    The MOU is a significant step forward for Brainchip and AT&T, and it represents a major opportunity for the two companies to collaborate on the development and commercialization of Brainchip Akida-powered solutions.

    Here are some additional details about the MOU:

    • The MOU is non-binding and does not commit either company to any specific action.
    • The MOU is for a period of one year, after which it can be renewed by mutual agreement.
    • The MOU outlines the two companies’ intention to work together to develop and deploy Brainchip Akida-powered solutions for a variety of use cases.
    • The MOU does not disclose any specific details about the development or commercialization plans for Brainchip Akida-powered solutions.

    Brainchip is a partner to Verizon. In November 2022, Brainchip announced a partnership with Verizon to develop and deploy an edge AI solution for Verizon’s 5G network. The solution will use Brainchip’s Akida neuromorphic processor to accelerate AI inference and reduce latency for a range of applications, including augmented reality, virtual reality, and machine vision.

    The partnership is a significant step for Brainchip as it marks the company’s first major customer for its Akida processor. It is also a significant development for Verizon as it looks to accelerate the adoption of edge AI on its 5G network.

    Under the terms of the partnership, Brainchip will provide Verizon with Akida processors and software development kits. Verizon will then integrate the Akida technology into its 5G network and develop applications that take advantage of the edge AI capabilities.

    The partnership is expected to accelerate the development and deployment of edge AI applications on Verizon’s 5G network. It is also expected to help Brainchip to grow its customer base and increase its market share.

    Here are some of the benefits of the partnership between Brainchip and Verizon:

    • Accelerated development and deployment of edge AI applications: The partnership will help to accelerate the development and deployment of edge AI applications on Verizon’s 5G network. This will allow businesses to take advantage of the benefits of edge AI, such as reduced latency and improved performance.
    • Increased market share for Brainchip: The partnership will help Brainchip to increase its market share by providing its Akida processor to Verizon. This will allow Brainchip to reach a wider range of customers and accelerate the adoption of its technology.
    • Improved customer experience: The partnership will help to improve the customer experience by providing Verizon with a more efficient and scalable way to deliver edge AI applications. This will allow Verizon to meet the growing demand for edge AI applications from its customers.

 
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