SBI Holdings, a Japanese financial services conglomerate, plans to invest approximately ¥10 billion ($69 million) in Preferred Networks, a Tokyo-based AI startup, according to sources, Nikkei reported. This move signals SBI’s deepening interest in the semiconductor industry, aligning with its broader strategy announced last year. The investment is expected to position SBI as a key player in the ongoing fundraising round, alongside Toyota Motor, making it one of Preferred Networks’ top shareholders.
Founded in 2014, Preferred Networks is valued at around ¥300 billion ($2.1 billion), making it one of Japan’s leading unicorns. The company is recognized for its innovative, energy-efficient semiconductor designs, crucial for next-generation AI applications. Earlier this year, it launched a large language model (LLM) to bolster Japan’s AI capabilities.
SBI’s partnership with Preferred Networks is focused on the development of advanced AI chips, which are in high demand for data centers and other AI-driven technologies. In addition to research, SBI plans to expand its involvement across the semiconductor value chain, including back-end processes such as packaging and testing. This initiative aims to fortify Japan’s domestic semiconductor supply chain, reducing reliance on foreign manufacturers in a critical industry.
