https://www.fool.com.au/2020/08/24/brainchip-share-price-up-1000-in-5-months-is-it-the-next-big-thing/

Brainchip share price up 1000% in 5 months. Is it the next big thing? August 24.
At the time of writing, the Brainchip share price has jumped nearly 18% today alone to 33 cents.
Founded in 2011, the United States-based tech company hit an all-time low of 1.1 cent in January 2015. With a vision to mimic the human brain through a microchip, this prompted former Australian mining company, Aziana Limited, to acquire the tech company at a discounted rate.
In the months following the deal, the Brainchip share price reached a record high of 46 cents in November 2015.
Brainchip shares were trading at 3 cents in March 2020.
Defying challenging market conditions, the world’s only pure-play AI company has been making tailwinds.

Last week, Brainchip announced its partnership with Magik Eye Inc. to combine its AI processing unit with revolutionary 3D depth sensing technology.
The week before, Brainchip entered a put option agreement with LDA Capital Limited, a US-based investment group. The agreement provides a financing facility of up to $29 million over the next 12 months. The drawdown will strengthen Brainchip’s balance sheet and support the commercialisation of its pioneering Akida technology.