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Preferred Networks CEO Eyes IPO Amid AI Chip Race
Source: Bloomberg
Artificial IntelligenceIPOs & SPACsTechnology & InnovationPrivate Markets & Venture
Japanese AI startup Preferred Networks is pursuing an IPO to fund mass production of its chips, CEO Daisuke Okanohara said. The planned listing highlights the escalating capital requirements and manufacturing scale needed for companies to remain competitive in the global AI-chip race.
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