Tokyo-based startup Preferred Networks is preparing for an IPO to scale
production of custom AI chips as global clients seek lower procurement and
operating costs and reduced reliance on NVIDIA. CEO Daisuke Okanohara said the
company plans to deliver its latest chip samples to customers in 1H next year,
targets commercial launches in December 2027, and aims to be profitable within
three years while preparing for a listing. Okanohara said the business requires
substantially larger scale than previously expected to meet demand for NVIDIA
accelerator alternatives.
