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BrainChip Holdings Ltd is launching the second iteration of the Akida platform, an event-based digital neuromorphic processor IP that imitates the human brain for efficient data processing. The updates to the platform include processing time improvements, self-management features, on-device learning, and development and deployment enhancements. The platform seeks to cultivate intelligent edge devices for the Artificial Intelligence of Things (AIoT) solutions and services market with the power of its advanced neural processing system. The platform is now underpinned by 8-bit processing, driving high performance and efficiency for edge devices. Three central innovations that redefine the Akida platform are Temporal Event Based Neural Nets (TENN) spatial-temporal convolution, and a new development environment.