BrainChip Engages VVDN to Deliver Industry’s First Commercial Edge Box Based on Neuromorphic Technology
21 September 2023 - 7:40AM
Business Wire
BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the
world’s first commercial producer of ultra-low power, fully
digital, event-based, neuromorphic AI IP, today announced that it
has partnered with VVDN Technologies, a premier electronics
engineering and manufacturing company, to deliver the industry’s
first Edge box based on neuromorphic technology.
VVDN Technologies is an industry-leading device manufacture and
solutions provider that has extensive experience in developing and
deploying vision-based solutions for various domains, such as
automotive, industrial, security surveillance, enterprise, medical
and others. VVDN will complement BrainChip’s AI capability with
their domain expertise in hardware design, firmware development,
cloud integration and manufacturing for the Edge box product.
“We are excited to bring the benefits of neuromorphic computing
to the Edge AI market with VVDN as our lead partner,” said Sean
Hehir, CEO of BrainChip. “This portable and compact Edge box is a
game-changer that enables customers to deploy AI applications
cost-effectively with unprecedented speed and efficiency to
proliferate the benefits of intelligent compute.”
The Edge box is a compact and powerful device that can run
various AI applications at the Edge of the network, such as video
analytics, face recognition, object detection and more. The Edge
box leverages BrainChip’s Akida™ processors, which are designed to
mimic the structure and function of the human brain. Akida
processors offer high performance, low power consumption and
scalability for Edge AI solutions.
“Edge boxes are a rapidly growing segment in AI and are
currently based on platforms from major players,” said Bram Geenen
Co-founder of Wevolver, providers of one of the most subscribed
Edge AI analyst reports. “The cost-effectiveness, efficiency and
scalability of BrainChip’s Akida neuromorphic processor, coupled
with VVDN’s solutions expertise should deliver a boost to the
proliferation of customizable and secure AI applications at the
Edge.”
“Edge AI is currently dominated by Nvidia and Qualcomm. But
these systems are not ideal for the Edge from a power, size, and
cost perspective,” said Marc Staimer, President Dragon Slayer
Consulting. “Edge AI systems specifically architected to meet the
performance, power, cooling, portability, and cost requirements are
necessary to drive market growth.”
The Edge box will be available for presale from BrainChip and
VVDN later this year.
About BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR:
BCHPY) BrainChip is the worldwide leader in Edge AI on-chip
processing and learning. The company’s first-to-market, fully
digital, event-based AI processor, Akida™, uses neuromorphic
principles to mimic the human brain, analyzing only essential
sensor inputs at the point of acquisition, processing data with
unparalleled efficiency, precision, and economy of energy. Akida
uniquely enables Edge learning local to the chip, independent of
the cloud, dramatically reducing latency while improving privacy
and data security. Akida Neural processor IP, which can be
integrated into SoCs on any process technology, has shown
substantial benefits on today’s workloads and networks, and offers
a platform for developers to create, tune and run their models
using standard AI workflows like Tensorflow/Keras. In enabling
effective Edge compute to be universally deployable across real
world applications such as connected cars, consumer electronics,
and industrial IoT, BrainChip is proving that on-chip AI, close to
the sensor, is the future, for its customers’ products, as well as
the planet. Explore the benefits of Essential AI at
www.brainchip.com.
Follow BrainChip on Twitter:
https://www.twitter.com/BrainChip_inc Follow BrainChip on LinkedIn:
https://www.linkedin.com/company/7792006
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230920118654/en/
Media Contact: Mark Smith JPR Communications
818-398-1424
Investor Contact: Tony Dawe Director, Global Investor
Relations BrainChip tdawe@brainchip.com
Barnwell Industries (AMEX:BRN)
Historical Stock Chart
From May 2024 to Jun 2024
Barnwell Industries (AMEX:BRN)
Historical Stock Chart
From Jun 2023 to Jun 2024