STOCK TITAN

BrainChip Awarded US Patent for Accessing Learned Functions in an Intelligent Target Device

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY) has announced the issuance of a new US patent for a method and system that enhances its neuromorphic artificial intelligence capabilities. This patent increases BrainChip's total to eight US patents and one Chinese patent, with 21 additional applications pending globally. CTO Peter van der Made emphasized that patents signify the innovation that sets BrainChip apart in the AI market and will protect its technology from competitors. The new patent focuses on the structure and function of digital neurons, contributing to BrainChip's unique AI edge technology.

Positive
  • Issuance of a new US patent enhances BrainChip's IP portfolio, now totaling 8 US patents.
  • 21 additional patent applications filed globally, indicating active innovation and expansion.
  • Strengthens competitive position in the neuromorphic AI space, protecting technology from infringement.
Negative
  • None.

Patent award further cements technology advantages of BrainChip’s neuromorphic artificial intelligence

LAGUNA HILLS, Calif.--(BUSINESS WIRE)-- BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first and only commercial producer of neuromorphic artificial intelligence chips, today announced that the US Patents and Trademarks Office has issued a US patent for “Method and a System for Creating Dynamic Neural Function Libraries.”

“Patents are a hallmark of a company, symbolizing the innovation and advantages that differentiate its products and solutions from competitors in the marketplace,” said Peter van der Made, BrainChip CTO and founder. “By being granted another patent from the USPTO, we are able to signify to our customers and partners that the technology we have developed is at the forefront of revolutionizing AI at the edge in ways that previous attempts have not been able to achieve. Additionally, this recognition further protects us from others developing similar offerings that would otherwise infringe on our work. We will continue to work towards increasing our patent awards globally as we continue to advance the field of neuromorphic artificial intelligence.”

BrainChip’s patent portfolio now comprises 8 US and 1 Chinese granted patent. BrainChip has recently expanded international patent filings with a total of 21 patent applications currently pending in the US, Europe, Canada, Japan, Korea, Australia, Brazil, Mexico and Israel.

Key features of Patent US 11,238,342

  • The patent claims protect the basic structure and function of a digital neuron consisting of multiple synapse circuits connected to a soma circuit in analogy to a biological neuron where a soma (i.e. neuron) cell receives its inputs via multiple synapses.

This patent is a continuation of previous BrainChip patents US 8,250,011 and US 10,410,117, protecting features previously disclosed but not previously claimed. The title of this patent has been inherited from US 10,410,117 but would be better represented by the title of US 8,250,011 “Autonomous Learning Dynamic Artificial Neural Computing Device and Brain Inspired System.”

About BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY)

BrainChip is a global technology company that is producing a ground-breaking neuromorphic processor that brings artificial intelligence to the edge in a way that is beyond the capabilities of other products. The chip is high performance, small, ultra-low power and enables a wide array of edge capabilities that include on-chip training, learning and inference. The event-based neural network processor is inspired by the spiking nature of the human brain and is implemented in an industry standard digital process. By mimicking brain processing BrainChip has pioneered a processing architecture, called Akida™, which is both scalable and flexible to address the requirements in edge devices. At the edge, sensor inputs are analysed at the point of acquisition rather than through transmission via the cloud to a data center. Akida is designed to provide a complete ultra-low power and fast AI Edge Network for vision, audio, olfactory and smart transducer applications. The reduction in system latency provides faster response and a more power efficient system that can reduce the large carbon footprint of data centers.

Additional information is available at https://www.brainchipinc.com

Follow BrainChip on Twitter: https://www.twitter.com/BrainChip_inc
Follow BrainChip on LinkedIn: https://www.linkedin.com/company/7792006

Media Contact:

Mark Smith

JPR Communications

818-398-1424

Investor Contact:

Mark Komonoski

Integrous Communications

Direct: 877-255-8483

Mobile: 403-470-8384

mkomonoski@integcom.us

Source: BrainChip Holdings Ltd

FAQ

What recent patent was issued to BrainChip (BCHPY, BRCHF)?

BrainChip was issued a US patent for a method and system for creating dynamic neural function libraries.

How many patents does BrainChip currently hold?

BrainChip currently holds 8 US patents and 1 Chinese patent.

What does the new patent for BrainChip cover?

The new patent covers the structure and function of digital neurons, mimicking biological neuron processes.

What is the significance of BrainChip's patents in the AI market?

Patents signify innovation and protect BrainChip's technology from competitors, enhancing its market position.

How many patent applications does BrainChip have pending globally?

BrainChip has 21 patent applications currently pending in various countries worldwide.

BRAINCHIP HLDGS LTD S/ADR

OTC:BCHPY

BCHPY Rankings

BCHPY Latest News

BCHPY Stock Data

355.90M
1.56B
Semiconductors
Technology
Link
United States of America
Sydney