Preferred Networks pursues IPO to fund chip production

Published Tuesday, September 8, 2026 · 1:14 AM EDT

Preferred Networks is seeking an initial public offering to finance mass production of its chips, CEO Daisuke Okanohara told Bloomberg News. The Japanese startup linked a potential listing to the cost and scale needed to compete in AI chips. The report did not specify a timetable, listing venue, fundraising amount, or completed filing.

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Bloomberg Technology

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.

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