Brainchip Holdings Ltd (ASX: BRN) – Akida development, a machine learning framework

The availability of the Akida Development Environment was recently announced by Brainchip Holdings Ltd (ASX: BRN). which is a leading neuromorphic computing company. Public safety, transportation, agricultural productivity, financial security, cybersecurity and healthcare are some of the applications that benefit from the Akida solution. A $4.5B opportunity by 2025 is represented by these large growth markets.

Brainchip had recently announced about having the director of North American end user sales with the appointment of James Roe. It is anticipated that North America can provide significant growth and become a multi-million-dollar market for Brainchip, as the market for video surveillance in law enforcement, homeland security and school safety in North America is large.

Brainchip holding traded at a market price of $0.155 and saw a daily price change of $0.005 or a percentage change of 3.333% on July 25, 2018. The company has seen a performance change of -18.92% over the past 12 months.

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