BrainChip Holdings Ltd. engages in the development of software and hardware solutions for artificial intelligence and machine learning applications. The company is headquartered in Sydney, New South Wales and currently employs 63 full-time employees. The company went IPO on 2011-11-09. The principal activity of the Company is the development of software and hardware accelerated solutions for advanced artificial AI and machine learning applications, with a primary focus on the development of its Akida Neuromorphic Processor to provide a complete ultra-low power and fast AI Edge Network for vision, audio, olfactory and smart transducer applications. Akida 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. Akida is a neural processor platform inspired by the brain’s cognitive capabilities and energy efficiency. The Company’s BrainChip offers a full suite of Akida development tools for building Edge AI solutions, centered around the MetaTF software environment and supported by hardware platforms.