BrainChip Names Former Arm Executive Nandan Nayampally as Chief Marketing Officer

Rhea-AI Summary

BrainChip Holdings Ltd (ASX:BRN, OTCQX:BRCHF) has appointed Nandan Nayampally as Chief Marketing Officer to enhance marketing and business strategy for its Akida™ AI neural processor IP. Nayampally brings over 25 years of experience, previously holding executive roles at Arm and Amazon. His expertise in technology business growth is expected to drive BrainChip's innovative edge AI solutions, improving efficiency and security in applications like connected cars and industrial IoT. CEO Sean Hehir expressed confidence in leveraging Nayampally's experience for market success.

Positive

• Nandan Nayampally has over 25 years of experience in technology business development.
• Previous roles at Arm and Amazon indicate strong industry expertise.
• Appointment aims to enhance marketing and product strategy for Akida™ AI technology.
• Focus on edge AI solutions could lead to increased market adoption and revenue growth.

Negative

• None.

LAGUNA HILLS, CA / ACCESSWIRE / November 20, 2022 / BrainChip Holdings Ltd (ASX:BRN)(OTCQX:BRCHF)(ADR:BCHPY), the world's first commercial producer of neuromorphic AI IP, has hired Nandan Nayampally as Chief Marketing Officer to drive all aspects of marketing, product management and business strategy for the company's Akida^TM event-based AI neural processor IP, and its portfolio of Essential AI enabling technology solutions.

Nayampally is an entrepreneurial executive with more than 25 years of success in building or growing technology businesses with industry-wide impact. He was at Arm for more than 15 years in a variety of product marketing and product management leadership roles, eventually becoming vice president and general manager of Arm's signature CPU group and the Client Line of Business, , where he identified key technology investments, developed a strategy and roadmap of products to deliver compelling, market-leading solutions for billions of SoCs, while establishing strategic partnerships and alliances. Nayampally comes to BrainChip from Amazon, where he helped accelerate the adoption of Alexa Voice and other multimodal services into third-party devices.

"I am excited to join BrainChip. Our unique approach to performant and efficient edge AI at scale is a great enabler for an industry that is looking for innovative and transformative solutions" said Nayampally. "It is a great opportunity to not only advance product intelligence at the sensor and the edge but unleash the full power of AI. BrainChip is positioned to create that positive change and I'm thrilled to be a part of making that happen."

"Nandan has a deep technical understanding of semiconductor design and IP as well as the market factors that lead to product success," said Sean Hehir, CEO. "We look forward to leveraging his product experience and executive success at companies like Arm and Amazon to help us deliver BrainChip solutions to the market."

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 neuromorphic processor, Akida^TM, mimics the human brain to analyze only essential sensor inputs at the point of acquisition, processing data with unparalleled efficiency, precision, and economy of energy. Keeping machine learning local to the chip, independent of the cloud, also dramatically reduces latency while improving privacy and data security. 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

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 Limited/ADR

View source version on accesswire.com:
https://www.accesswire.com/727256/BrainChip-Names-Former-Arm-Executive-Nandan-Nayampally-as-Chief-Marketing-Officer

FAQ

What recent change did BrainChip Holdings Ltd announce regarding its leadership?

BrainChip Holdings Ltd appointed Nandan Nayampally as Chief Marketing Officer to lead marketing and business strategy.

What are Nandan Nayampally's previous roles before joining BrainChip?

Nayampally was previously an executive at Arm and Amazon, where he focused on product management and marketing.

What technology does the Akida™ AI neural processor offer?

The Akida™ AI neural processor offers efficient edge AI processing and learning, reducing latency and enhancing data privacy.

How does BrainChip's technology impact sectors like automotive and IoT?

BrainChip’s technology enables effective edge compute, making it deployable in sectors like connected cars and industrial IoT.

What is the stock symbol for BrainChip Holdings Ltd?

The stock symbol for BrainChip Holdings Ltd is BRCHF on the OTCQX.