Mitsubishi Heavy to invest ¥10B in Preferred Networks
Mitsubishi Heavy Industries entered a capital and business alliance with Preferred Networks, agreeing to invest ¥10B via a third-party share allotment, subject to PFN shareholder approvals, to accelerate joint AI development for social infrastructure and national security.
Mitsubishi Heavy Industries has entered a capital and business alliance with Preferred Networks, agreeing to invest ¥10B through a third-party share allotment, subject to PFN shareholder approval. The companies said the partnership is intended to accelerate joint AI development for social infrastructure and national security.