News On Japan

How Japan’s largest AI unicorn is shaping the future of deep learning

Mar 26 (CNBC International) - Widely considered Japan's leading artificial intelligence startup, Preferred Networks is on a mission to tackle "real-world" challenges through deep learning.

Founded in 2014, the company has embarked on several joint projects, ranging from autonomous driving to cutting-edge semiconductors.

By attracting major investors like Toyota, Preferred Networks has grown into Japan's largest unicorn, a private company valued at over $1 billion.

"We are trying to create a lot of new value in the world by focusing on computers and computer science, which we love," CEO Toru Nishikawa told CNBC's Christine Tan in the latest episode of Managing Asia.

"Our vision is to make the world a better place by making the latest technology available in the shortest possible time," Nishikawa added.

One of Preferred Networks' most ambitious projects to date is the development of AI-powered autonomous trucks, which aim to address Japan's declining and aging workforce in the trucking industry.

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The Japanese government will begin issuing blue tickets for bicycle traffic violations in April 2026, with fines including 5,000 yen for ignoring stop signs and up to 12,000 yen for riding while using a smartphone.

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At the Shanghai Motor Show, which opened to the press on April 23rd ahead of its public run from April 27th to May 2nd, Toyota Motor Corporation revealed a series of new models, including a new electric vehicle, as it works to regain ground in the increasingly competitive Chinese market.

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