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Preferred Networks targets 2028-2030 IPO to mass-produce AI chips

Verifying
  • Preferred Networks is considering an IPO to finance mass production of MN-Core processors.
  • The company says its chips can run generative AI workloads up to 10 times faster than conventional GPUs.
  • Preferred Networks raised 19 billion yen in December 2024 for MN-Core L1000 development and production.
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