(MENAFN- ProactiveInvestors)
() has been granted an ASX trading halt in relation to the proposed acquisition of Artificial Intelligence technology company BrainChip Inc.
The halt will last until the earlier of the announcement being made or the start of trade on Wednesday 13th May 2015.
BrainChip has invented a neural technology that has the ability to learn autonomously evolve associate information and respond to stimuli just like a biological brain.
The company's Spiking Neuron Adaptive Processor (SNAP) technology is a neural-based architecture that replicates the neural behaviour of a biological brain.
BrainChip also has the world’s only autonomous learning technology patented in 2008.
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