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 released previews
of the industry’s first Edge box based on neuromorphic technology
built in collaboration with VVDN Technologies, a premier
electronics and manufacturing company.
The Akida™ Edge Box—expected to begin pre-sales on January 15th,
2024—powers AI applications in challenging environments where
performance and efficiency are essential. The device will be
demonstrated for the first time at CES 2024, January 9-12 in Las
Vegas.
Designed for vision-based AI workloads, the compact Akida Edge
box is intended for video analytics, facial recognition, and object
detection, and can extend intelligent processing capabilities that
integrate inputs from various other sensors. This device is
compact, powerful, and enables cost-effective, scalable AI
solutions at the Edge.
BrainChip’s event-based neural processing, which closely mimics
the learning ability of the human brain, delivers essential
performance within an energy-efficient, portable form factor, while
offering cost-effectiveness surpassing market standards for edge AI
computing appliances. BrainChip’s Akida neuromorphic processors are
capable of on-chip learning that enables customization and
personalization on device without support from the cloud, enhancing
privacy and security while also reducing training overhead, which
is a growing cost for AI services.
“BrainChip’s neuromorphic technology gives the Akida Edge box
the ‘edge’ in demanding markets such as industrial, manufacturing,
warehouse, high-volume retail, and medical care,” said Sean Hehir,
CEO of BrainChip. “We are excited to partner with an industry
leader like VVDN technologies to bring groundbreaking technology to
the market.”
“There is a strong demand for cost-effective, flexible edge AI
computation across many industries,” said Puneet Agarwal,
Co-Founder and CEO, VVDN Technologies. “VVDN is excited to offer
OEMs its experience and expertise in bringing the advanced,
transformative technology integrations that meet market needs and
eventually help them with faster time to market.”
BrainChip’s Akida Edge Box is suitable for environments that
require cost-effective and low-latency AI processing. In security
and surveillance, it can automatically detect and report intrusion,
identify individuals in restricted areas, and perform behavior
analysis to recognize suspicious behaviors or potential
threats.
In retail and warehousing, it can assist in inventory management
and loss prevention by identifying when shelves are empty, when
restocking is needed, and when merchandise is removed without
authorization. Behavior analysis capabilities can also help
retailers understand how customers interact with products and store
layouts to maximize profitability.
The Akida Edge Box brings AI to industrial settings for visual
detection applications such as quality inspection, identifying
defects or irregularities in products, and integration with factory
robotic systems for precise object manipulation. It can be used to
enhance plant and worker safety, identify whether workers are using
proper safety gear, following protocols and proper workflows, and
identify malfunctions in assembly lines.
Healthcare applications include patient monitoring, such as
noting a patient’s physical movements to ensure safety and provide
alerts for falls or unusual behavior. In rehabilitation facilities
it can track and analyze patient movements to aid in physical
therapy. In elder care settings it can be used to detect falls or
other situations that require staff assistance or intervention.
About VVDN
VVDN is a Product Engineering, Software & Manufacturing
company focused on designing & manufacturing end-to-end
products across several technology vertical markets (5G, Data
Center, Networking and Wi-Fi, Vision, Automotive, IoT, Cloud &
Apps). VVDN’s India HQ is located at Gurgaon, India and its North
America HQ’s is located in Fremont, CA, USA. VVDN serves global
customers across several regions including US, Canada, Europe,
India, Vietnam, Korea, and Japan. VVDN has 11 advanced Product
Engineering Centers in India and the world, which are fully
equipped to design & test the complete hardware & software
required to develop a complete product or solution. VVDN’s 7
Manufacturing facilities are located at Manesar, Gurgaon, and
Pollachi, Tamil Nadu, India, which includes in-house best-in-class
SMT Factory, Molding & Tooling Factory, Die Casting, Antenna
Assembly, Product Assembly Factory, and Product Certifications
labs. VVDN’s Engineering & Manufacturing facilities are fully
compiled to develop & manufacture Enterprise, Consumer,
Industrial, and Automotive-grade products. For more information
visit https://www.vvdntech.com.
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
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version on businesswire.com: https://www.businesswire.com/news/home/20231214626716/en/
Media Contact: Mark Smith JPR Communications
818-398-1424
Investor Contact: Tony Dawe Director, Global Investor
Relations BrainChip tdawe@brainchip.com
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