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ASX Tech Stocks: Brainchip launches next generation of Akida neuromorphic AI chip

BRN says the intelligent edge devices for the Artificial Intelligence of Things (AIoT) market is forecast to be worth US$1T+ … Read More
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This article was originally published by Stockhead
  • Brainchip launches next generation of Akida neuromorphic AI chip
  • Vection Technologies expands VR offering into real estate sector
  • Droneshield nabs $600k Unmanned Traffic Management project in Europe

 

AI chip developer Brainchip (ASX:BRN) has launched the second generation of its Akida platform which can apparently learn from raw sensor data.

Basically, the chip now includes Temporal Event Based Neural Nets (TENN) spatial-temporal convolutions that supercharge the processing of raw time-continuous streaming data, such as video analytics, target tracking, audio classification, analysis of health monitoring data and time series analytics used in forecasting, and predictive production line maintenance. 

These are critical capabilities for industrial, automotive, digital health, smart home and smart city applications, and the company says intelligent edge devices for the Artificial Intelligence of Things (AIoT) solutions and services market is forecast to be worth US$1T+ by 2030.

“Our customers wanted us to enable expanded predictive intelligence, target tracking, object detection, scene segmentation, and advanced vision capabilities,” CEO Sean Hehir said. 

“This new generation of Akida allows designers and developers to do things that were not possible before on an Edge device.

“By inferring and learning from raw sensor data, we take a substantial step toward a cloudless Edge AI experience. 

“With this launch, we have significantly extended our competitive advantage in neuromorphic AI.” 

General availability will follow in Q3 2023, the company says.

 

BRN share price today:



 

Other tech companies with news today:

VECTION TECHNOLOGIES (ASX:VR1)

The VR company has expanded its offering in virtual environment creation for the real estate and property development sectors with INTEGRATEDXRÒ – which uses 3D modelling to 3D rendering, photorealistic animation to virtual reality (VR) to showcase unbuilt environments.

These immersive experiences allow users to walk through unbuilt environments at human scale – from premium apartments to family homes – to support the sales process and eliminate the requirement for capital expenditure on retail showrooms and display homes. 

“The ability to create photorealistic environments has application far beyond real estate, with the same workflow used to create virtual ‘sets’ for television commercial and film production,” the company said. 

“This involves seamlessly integrating CGI backdrops with live motion vision to place real life talent in virtual environments that would typically be too expensive, time consuming or complex to create in the real world. 

“For brands in the renovation, furniture or interior design sectors, this shapes as a dynamic commercial production solution, as virtual sets can be easily curated and updated for a range of local markets, product price points and specific target audience segments.”

VR1 intends to leverage this capability to partner with high-end, real-time production studios in Australia, Europe, the US, and in selected markets in the middle east. 

 

DRONESHIELD (ASX:DRO)

The counterdrone company has received an initial order for its drone tracking sensors for an Unmanned Traffic Management (UTM) project in Europe worth around $600k for RfOne long range drone tracking systems and associated software.

Droneshield says UTM is a fast growing multi-billion dollar market, consisting of an air traffic management ecosystem for unmanned drones. 

“The UTM market is a rapidly emerging companion of the C-UAS/counterdrone market,” CEO Oleg Vornik said.

“Coming from Counter-Unmanned Aircraft Systems environment, this is a logical extension market for DroneShield, where our hardware forms an integral part of a UTM system.

“UTM systems require a hardware network which DroneShield is well placed to provide with our existing offering. 

“Initial deployments like this one, enable us to be well placed as this market is poised to rapidly expand.”

Pic: DroneShield ecosystem including RfOne sensors

PENTANET (ASX:5GG)

Telecomm cloud gaming provider Pentanet is joining forces with Cambium Networks to accelerate the 5G network rollout.

The companies have executed a Memorandum of Understanding (MOU) which will give Pentanet a flexible way to deploy 5G network infrastructure under a Network-as-a-Service (NaaS) solution, without the need for upfront CAPEX costs. 

5G Fixed hardware will be purchased as a fixed monthly subscription instead of higher upfront capital expenditure, which will assist Pentanet in spreading its CAPEX profile for the 5G network expansion plans over future years. 

“Through the advantages of [Cambium’s] Network-as-a-Service (NaaS) solution, we can maximise flexibility in both scale and the capital investment required for our network expansion plans,” MD Stephen Cornish said.

“The 5G service will increase our offering and capacity, heightening our ability to service and add more on-net users at a higher rate.” 

 

VR1, DRO and 5GG share price today:

 


 

The post ASX Tech Stocks: Brainchip launches next generation of Akida neuromorphic AI chip appeared first on Stockhead.


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