BrainChip Expands Shares, Advances Edge AI

BrainChip Holdings (AU:BRN) has released an update.

BrainChip Holdings Ltd has successfully issued 103,245,355 new ordinary shares following a recent placement, as per the legal compliance with the Corporations Act. The company, a leader in edge AI on-chip processing with its innovative Akida processor, continues to advance in the AI technology sector. Akida’s unique neuromorphic architecture allows for efficient, local edge learning, enhancing privacy and data security in applications such as autonomous vehicles and IoT.

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