News On Japan

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

Mar 26, 2025 (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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Former Nissan Motor Chairman Carlos Ghosn said the automaker is in a "state of emergency" and signaled he would be willing to return as chief executive officer, arguing that only a true decision-maker in the CEO role could rescue the company.

The entire Negishi Housing Area in Yokohama, Kanagawa Prefecture, has been returned to Japan for the first time in 79 years, ending its use as a residential district for U.S. military personnel and their families.

Strong earthquakes have continued to shake parts of Japan in recent weeks, with 11 temblors measuring lower 5 or above on the Japanese seismic intensity scale recorded across the country since April 2026.

A Kintetsu Railway train derailed inside Kyoto Station on the morning of June 29, forcing partial suspensions on the Kintetsu Kyoto Line for the rest of the day and causing long delays that hit commuters, students and tourists.

A section of stone wall at Hikone Castle, one of Japan’s few surviving original Edo-period castles and a National Treasure whose main keep remains intact more than 400 years after its construction, collapsed after heavy rain caused by Typhoons No. 7 and No. 8, Hikone city officials said.

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