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

  • Brainchip (BRN) has confirmed that last month it began shipping the evaluation boards for the Akida Neuromorphic System-on-Chip (NSoC)
  • The evaluation board complements Brainchip’s Akida Development Environment, which is ultimately aimed at reducing power consumption
  • The Akida NSoC technology is an artificial intelligence processor which has undergone extensive testing and validation
  • The tech can be applied to a number of smart applications, such as home automation, security cameras, sensors and medical instruments
  • According to the AI tech company, Akida brings something new to AI that existing technologies don’t
  • Brainchip is up 2.82 per cent and shares are trading at 36.5 cents

Brainchip (BRN) has confirmed that last month it began shipping the evaluation boards for the Akida Neuromorphic System-on-Chip (NSoC).

The evaluation board complements Brainchip’s Akida Development Environment (ADE), which allows potential customers to design a neural network and convert it to an event-based convolutional neural network (CNN) which would significantly reduce power consumption.

The Akida NSoC technology is an artificial intelligence (AI) processor which has undergone extensive testing and validation before the design and production process has begun.

According to the AI tech company, Akida brings something new to AI that existing technologies don’t. The technology is high-performance, ultra-low power and enables a range of edge capabilities.

The Akida NSoC can be used in a variety of smart applications, such as home automation and controls, industrial Internet of Things (IoT), robotics, security cameras, sensors, medical instruments, autonomous vehicles, and more.

“Akida introduces new and powerful features to the high-growth AI Edge market. We are excited about our technology and the potential to impact many industries including healthcare and energy conservation which are clearly a global concern,” CEO Louis DiNardo said.

The device also offers new features that enable ‘true’ AI Edge Learning rather than simple AI Edge Training, which requires a connection through the cloud or a data centre. Implementing AI Edge Leaning is a unique feature to the Akida NSoC and allows customers to deploy a new and valuable feature to the AI Edge products.

Brainchip is up 2.82 per cent and shares are trading at 36.5 cents at 10:40 am AEDT.

brn by the numbers
More From The Market Online

Lets “Get Smart”: The financial system is changing — and investors may be looking in the wrong place

Explore how fintech, digital currencies and AI are changing the financial system — and where investors…

Talga Group signs binding offtake term sheet with Japan’s Dainen

Talga Group has executed a binding offtake term sheet with Japan’s Dainen Materials for the supply…

X2M Connect signs binding agreement to deliver AI-enabled data centre site in Qld

X2M Connect has signed an agreement with a Queensland developer for a 10MW AI-enabled data centre…

Acusensus awarded $210M territory-wide contract with the ACT government

Acusensus has signed an agreement with the ACT for the provision of specific traffic enforcement services…