Brainchip Holdin - BCHPY STOCK NEWS

BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY) announces the appointment of Jerome Nadel as Chief Marketing Officer. With extensive experience in semiconductor marketing, Nadel aims to drive corporate and product marketing, focusing on the commercialization of BrainChip's Akida™ neuromorphic computing platforms. Previously at Rambus, Nadel is also involved with the Silicon Valley Executive Network and CMO Club. CEO Sean Hehir emphasizes this as a pivotal moment for BrainChip, transitioning from R&D to commercialization and profitability.

BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY) announces a successful year in 2021, driven by advancements in its Akida™ technology and increased production capabilities. The company has begun volume production of the Akida AKD1000 processor and launched its MetaTF™ framework, attracting over 4,500 potential customers. BrainChip also expanded its US headquarters and appointed new leadership to enhance commercialization efforts. The stock price has risen 100% in the past year, reflecting growing investor interest in AI solutions.

BrainChip Holdings Ltd has begun taking orders for its first commercially available Mini PCIe board powered by the Akida™ processor. This board is designed for various edge AI applications, including Smart City, Smart Health, Smart Home, and Smart Transportation. Available for pre-order at $499, the Mini PCIe board offers significant performance and low power requirements, enabling on-device AI training and learning without cloud dependency. BrainChip aims to leverage its decade-long development of Akida to enhance AI capabilities across industries.

BrainChip Holdings Ltd (OTCQX: BRCHF, ADR: BCHPY) announced that Information Systems Laboratories, Inc. (ISL) is developing an AI-based radar research solution for the Air Force Research Laboratory (AFRL) utilizing BrainChip's Akida™ neural networking processor. This collaboration enables ISL to leverage Akida's power-efficient, high-performance capabilities to enhance various applications, including smart healthcare and smart cities. BrainChip's EAP program allows partners to access innovative technology, reinforcing its position in the rapidly growing AI market.

BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY) announces the appointment of Pia Turcinov as a non-executive director effective January 4, 2022. Turcinov brings over 30 years of experience in various industries, specializing in technology commercialization and corporate governance. She aims to assist BrainChip in leveraging its innovative neuromorphic AI technology for growth and strategic partnerships. The chairman and CEO both express confidence in Turcinov's capabilities to enhance the company's market position.

BrainChip Holdings Ltd (OTCQX: BRCHF, ASX: BRN) has announced its podcast series, 'This is our Mission,' will return in January, resuming monthly episodes. The podcast, launched in 2020, aims to offer insights into the AI industry and BrainChip's role within it. It features interviews with industry experts and company executives discussing AI advancements and market insights. The Akida technology developed by BrainChip enables ultra-low power AI applications across various sectors including Smart Home and Smart Transportation.

BrainChip Holdings Ltd (ASX: BRN, OTCQX: BCHPY) has partnered with MegaChips, a leading ASIC provider, to license BrainChip's Akida technology. This collaboration aims to enhance Edge-based AI solutions in automotive, IoT, and industrial robotics. MegaChips, a Japanese fabless semiconductor company, will leverage Akida's low power and high-performance capabilities to improve its ASIC products. This strategic alliance underscores both companies' commitment to pushing technological boundaries, facilitating market innovation, and providing energy-efficient AI solutions.

BrainChip Holdings Ltd has appointed Sean Hehir as the new CEO to accelerate the commercialization of its Akida™ neuromorphic computing platforms. Hehir brings a wealth of experience from leading technology companies and will focus on partnerships to enhance AI technologies. The transition from interim CEO to Hehir aims to bolster revenue growth and market expansion in sectors like automotive and medical. The Akida platforms are designed for high-performance AI applications, marking a significant step for BrainChip in its mission to innovate in edge computing.