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BrainChip licenses advanced cybersecurity tech from Democritus University of Thrace

By Jesse Schwartz
Published: October 10th, 2018

BrainChip Holdings, a leading neuromorphic computing company, and the Democritus University of Thrace in Greece have signed a licensing agreement to commercialize a new cybersecurity technology.

Developed by Democritus University civil engineering professor Lazaros Iliadis, the technology uses a spiking neural network (SNN) to detect network intrusion and anomaly. BrainChip aims to incorporate the innovation into its Akida Neuromorphic System-on-Chip (NSoC) platform.

“We have been working with spiking neural networks for several years, and our cybersecurity technology has proven highly accurate in detecting threats,” says Iliadis. “The Akida NSoC is an ideal platform to accelerate our SNNs.”

Robert Beachler, senior vice president of marketing and business development at BrainChip, comments, “As the Akida NSoC design progresses, it is important that we have proven examples of SNN models and data to spike convertors for our target markets.” The artificial intelligence cybersecurity market is expected to reach $35 billion by 2025, “and this technology acquisition will jump-start our solutions in this lucrative application space,” he says.

BrainChip founder and chief technology officer Peter van der Made adds, “Working with the exceptional team at the Democritus University of Thrace will serve to increase our expertise and knowledge in the area of cybersecurity and widen the reach of our low power and low latency Akida NSoC device.”

Source: Markets Insider

Posted under: Tech Transfer e-News

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