San Francisco – October 24, 2017 BrainChip Holdings Ltd. (“BrainChip” or the “Company”) (ASX:BRN), a leading developer of software and hardware accelerated solutions for advanced artificial intelligence (AI) and machine learning applications, today announced that it has shipped its first BrainChip Accelerator card to a major European automobile manufacturer.
As the first commercial implementation of a hardware-accelerated spiking neural network (SNN) system, the shipment of BrainChip Accelerator is a significant milestone in neuromorphic computing, a branch of artificial intelligence that simulates neuron functions. BrainChip Accelerator will be evaluated for use in Advanced Driver Assisted (ADAS) and Autonomous Vehicle (AV) applications.
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