BrainChip partners with Cisco on IoT technology

Company News

by Jessica Ellerm

BrainChip Holdings Limited (ASX:BRN) has announced it will collaborate with a Cisco innovation centre to develop a series of demonstrations for its SNAP technology.

SNAP is an adaptive technology that can quickly learn, recognize and track complex objects in real time, from multiple sources.

The first demonstration will showcase traffic monitoring and advanced analysis capabilities.

A second demonstration will involve using SNAP in an in-vehicle camera device, to assist with hazard detection and road safety.

BrainChip Holdings Limited reported a net loss of $2.8 million at 30 June 2016.

Jessica Ellerm

Finance News Network
Jessica joined FNN in April 2016 and presents the Australian Share Market Outlook, and reports on the morning's leading business stories. Alongside FNN Jessica is a fintech industry commentator, writing for her own blog and a number of international online publications.