# Preferred Networks pursues IPO to fund chip production

_Monday, September 7, 2026 at 8:01 AM EDT · Capital · Latest · Tier 2 — Notable_

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.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/videos/2026-09-07/preferred-networks-ceo-eyes-ipo-amid-ai-chip-race-video)

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Retrieved: 2026-09-08T07:51:48.033Z
Publisher: Tech & Business (techandbusiness.org)