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
Gravy concept

Ovanti inks deal with California’s Gr4vy Payments for BNPL app Flote

Ovanti Ltd has furthered its soon-to-start working relationship network for its BNPL app Flote by inking…
Concert crowd

Ovanti Ltd signs up US-based Ticketing Co as partner for BNPL app Flote

Ovanti Ltd (ASX:OVT) has knocked a second deal out of the park in Week 50 of the year, signing
AI concept

4DS Memory leaves investors wanting more as vague pivot into AI remains only real plan

4DS Memory (ASX:4DS) has left its Australian investors wanting more when it comes to the findings of a recently
Interior of a fridge. Who's actually looks like that? Definitely not mine

Nanoveu teams up with Nasdaq-lister to put EMASS chips in… fridges?

Nanoveu has seen shares rise humbly on Tuesday after the company flagged that it's teamed up…