- BrainChip (BRN) secures its eleventh US patent titled “Spiking Neural Network”
- This marks the company’s sixteenth patent, further strengthening BrainChip’s patent portfolio
- The company dubbed the patent a “valuable IP asset,” which will block BRN’s competitors from mimicking its style of learning on a neuromorphic chip or system
- A further 30 patent applications from around the globe are still pending
- BRN shares dip 3.57 per cent, trading at 40.5 cents at market close
Australian tech company BrainChip (BRN) has been granted its eleventh US patent, titled “Spiking Neural Network”.
The company considers the patent a “valuable IP asset,” which protects a learning function of BrainChip’s digital neuron circuit that uses positive and negative synapses. These learning function features are inspired by the biology of the human brain.
With the patent in hand, competitors will be blocked from copying any BrainChip-style systems or learnings on a neuromorphic chip.
This marks the company’s sixteenth patent, with BrainChip currently holding licences in the US, Australia, Canada and Europe.
Additionally, BrainChip has a further 30 pending patent applications in countries such as Australia, Europe Japan, Korea and Russia.
BRN shares dipped 3.57 per cent, trading at 40.5 cents at market close.