Via Drudge and Mail Online:

TrueNorth is the world’s first neurosynaptic computer chip because it can figure things out on its own.

It has one million ‘neurons’ and could cram the same power as a super computer into a circuit the size of a postage stamp. 

TrueNorth will use closely interconnected ‘neurons’ just like the brain does meaning that it can work proactively to a level not seen before. 

In addition to the one million ‘neurons’ it has 256 million programmable synapses, the most IBM has ever put in a chip.

IBM develops computer chip with a million ‘neurons’ that ‘functions like human brain’ | Mail Online

More importantly, the system will be able to portray emotions and personality in a way that will bind humans and machines more closely.