Brainchip Holdings Ltd. · ASX:BRN
Brainchip — Shareholder Meeting (May 2024)
22 slides from Brainchip's shareholder meeting presentation, May 21, 2024
Slide 1: ASX Announcement
ASX Announcement BrainChip – Annual General Meeting CEO and Chairman’s Address Sydney, 21 May 2024: BrainChip Holdings Ltd (ASX:BRN), appends the address and presentation of the Chief Executive Officer and Chief Technology Officer to the 2024 Annual General Meeting, in accordance with ASX Listing Ru
Slide 2: Chief Executive Officer and Chief Technology Officer's Address
Chief Executive Officer and Chief Technology Officer’s Address Chief Executive Officer Hello and thank you for attending BrainChip’s 2024 AGM. Joining me for this year’s address is our Chief Technology Officer, Dr Tony Lewis. He and I are looking forward to this session to share an update on our com
Slide 3: Key vertical markets and a year in review
Finally, key vertical markets, including industrial – for surveillance, vision, GenAI predictive maintenance, automotive – for in cabin, ADAS, connected sensors, and general medical – for predictive diagnostics, continue to push the limits of edge-first computing. In these use cases the ability to s
Slide 4: TENNs as replacement for the transformer
replacement for the transformer, the foundation used by nearly every LLM today including OpenAI's GPT2-GPT4, Anthropic’s Claude, Meta's LLAMA, and all Google LLMs. In our internal testing compared to GPT-2 (which has the same basic transformer architecture as GPT4) we're seeing 5,000x less computati
Slide 5: Executive level hires and changes
At the executive level, while we did recently lose a few executives which is to be expected in this highly competitive labour market we participate in, my recruiting efforts are focused on always attracting the absolute best talent and make each functional area even stronger. This year we saw world
Slide 6: TENNs exponentially reduces energy use
4. All of this runs in the smallest area, reducing manufacturing costs for our customers; and finally 5. Ease of model simulation, development, and deployment. TENNs exponentially reduces energy use TENNs is a unique BrainChip innovation that replaces the wildly popular transformer architecture used
Slide 7: Denoising and future technology direction
removed by our TENNs network. This kind of denoising is particularly import for use cases like low power hearing aids. Future Technology Direction: We will Lower Energy of computation, by leveraging more aggressively ideas from the brain like sparse computation to achieve efficiencies that seem to b
Slide 8: Priorities: close license sales
• First and foremost, I know we need to close license sales. We have several engagements that have been in evaluation for over 1 year that are near closing in on a decision. These engagements are with leading companies in audio, IOT, and microcontroller segments. We have put a tremendous amount of e
Slide 9: Initiatives for 2024 into 2025
Finally, I laid out a set of initiatives we are focused on in 2024 into 2025. All this work is supporting one simple goal; BrainChip winning business. I can assure you that I remain committed, and the entire company is dedicated, aligned, and working to make this happen, no matter how challenging th
Slide 10: Annual General Meeting
Annual General Meeting OTCQX: BCHPY | ASX:BRN Sean Hehir CEO May 2024
Slide 11: Forward Looking Statements
Forward Looking Statements Certain views expressed here contain information derived from third parties or publicly available sources that have not been independently verified. This presentation includes certain statements, projections and estimates of the anticipated future financial performance of
Slide 12: Opening Comments…
brainchip Essential Al
Slide 13: The Edge AI Market
The Edge AI Market Generative AI at the Edge. New requirements and opportunity. AGM 2024 | 4
Slide 14: The Year in Review
The Year in Review Products enhanced. Customer focused. AGM 2024 | 5
Slide 15: CTOs Perspective
CTOs Perspective Dr. Tony Lewis AGM 2024 | 6
Slide 16: Akida Architecture
Akida Architecture Key hardware differentiators 1. Event-Based Computation 2. Near-memory compute 3. Akida 2.x "independent execution" 4. Smallest footprint 5. Ease of model of deployment AGM 2024 | 7
Slide 17: TENNs exponentially reduces energy use
TENNs exponentially reduces energy use • Replacement for many Transformer tasks • Language models • Time-series data • Spatiotemporal data • Dramatically lowers energy requirements across all compute platforms AGM 2024 | 8
Slide 18: TENNs vs GPT2
TENNs vs GPT2 Sentence Generation Task GPT2 TENNS < 8 words/minute > 1575 words/minute 5700x MAC Energy 10.3 Performance Score 10.2 Performance Score Single thread CPU performance | 11th Gen Intel i7 - 3.00 GHz AGM 2024 | 9
Slide 19: Audio Denoising
Audio Denoising Noisy samples TENN (raw audios in and out) Denoised 1/10 the MAC Power of nearest SoTA competitor AGM 2024 | 10
Slide 20: Future Technology and beyond
Future Technology and beyond • Lower energy of computation • Scale up with chained chips to handle demanding LLM tasks • Broaden Model support • Zero-Code Environment AGM 2024 | 11
Slide 21: The Next 12 Months
The Next 12 Months Executing, scaling… AGM 2024 | 12
Slide 22: Thank you Q&A
Q&A srainchip ssential Al