BrainChip Holdings

BrainChip Holdings (ASX:BRN) is engaged in neuromorphic computing, which is a type of artificial intelligence that simulates the functionality of the human neuron. Brainchip, as a global technology firm, is working to revolutionize edge AI applications, which combine edge computing and AI. The BrainChip University AI Accelerator Program, which will provide hardware, training, and guidance to students at higher education institutions with existing AI engineering programs, was recently announced by the business.

The commercialization of the Akida Neuromorphic Processor, which is essentially a spiking neural network, is the main emphasis of Brainchip Holdings. The Akida provides artificial intelligence reasoning and conclusions from data collected by sensors and is integrated into computer chips.

It offers quick artificial intelligence computing options at extremely low power consumption without requiring a constant internet connection. Applications for the Akida include vision and audio in the automotive, robotics, aircraft, and cybersecurity sectors, among others.

In 2021, Brainchip delivered its first batch of production chips, and it is now aiming to produce in large quantities. Although the business is not yet profitable, it had more than $28 million in cash and currency equivalents at the beginning of 2022. The US Patent and Trademark Office granted Brainchip a US patent for 'An Improved Spiking Neural Network' in late 2022. The patent safeguards the learning function of Brainchip's digital neuron circuit and is regarded as a valuable intellectual property asset.

Founded: 2004

Headquarter: Sydney, New South Wales

Website: https://brainchip.com