BrainChip Holdings (ASX:BRN) - CEO, Louis DiNardo
CEO, Louis DiNardo
Source: The Market Herald
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • AI tech developer Brainchip (BRN) has established a software development centre in Hyderabad, India
  • The establishment of the centre essentially formalises the work Brainchip’s Indian contractors have been performing for the past few quarters
  • The centre will concentrate on software and firmware development to support the company’s work on its Akida Neuromorphic System-on-Chip
  • The formalisation of the existing relationship with the Indian developers should streamline Akida’s development and eventual rollout to market
  • Brainchip is trading 9.88 per cent higher at 47.3 cents

AI tech developer Brainchip (BRN) has established a software development centre in Hyderabad, India.

The establishment of the centre essentially formalises the work Brainchip’s Indian contractors have been performing for the past few quarters.

The centre will concentrate on software and firmware development to support the company’s work on its Akida Neuromorphic System-on-Chip (ANSoC).

ANSoC

ANSoC is essentially a one-stop-shop AI system.

The single chip system is being developed to provide a complete neural network with no external components required, for use in a potentially vast array of AI applications including driverless vehicles.

The system is designed to be flexible, fast and energy efficient, with the ability to replace more complex and power-hungry systems in data centres and AI devices.

The software, firmware and CPU complex required for Akida’s functioning are critical components. The specialist Indian team will aid in the refinement of the Akida product as the company moves towards commercialisation.

Brainchip CEO Louis DiNardo says the company’s India team brings considerable expertise to the table.

“We have established BrainChip Systems India to support the requirement for robust system software and firmware,” Louis said.

“As Akida is implemented commercially, it is important that our software is mature and provides a positive user experience,” he continued.

We have a very seasoned management and engineering team in Hyderabad. Having a BrainChip entity in India will allow us to recruit and retain experienced engineering professionals as we expand operations to meet market demands.”

The formalisation of the existing relationship with the Indian developers should streamline Akida’s final development stages and eventual rollout to market.

Brainchip is trading 9.88 per cent higher at 47.3 cents at 1:07 pm AEST.

brn by the numbers
More From The Market Online

1414 Degrees opens up SiNTL pathway in South Korea with JRES LoI

1414 Degrees has signed an LoI with South Korea's JR Energy featuring 14D's advanced aluminium-coated silicon…

Zip Co posts record FY26 as US growth drives profit surge

Zip Co has delivered record FY26 earnings, with cash EBITDA up 58% as strong US growth…

WiseTech shares plummet as ACCC raid adds to string of investor concerns

WiseTech Global shares have fallen sharply after the ACCC executed a search warrant, investigating alleged competition…

Cadoux to participate in a US hypersonic test flight with Pluto Aerospace

Cadoux has achieved a major breakthrough with the supply of key material for a hypersonic test…