Mitsubishi Heavy Industries has invested a total of ¥10 billion in Preferred Networks, an artificial intelligence developer, and formed a capital and business alliance with the company. The companies will step up joint development of domestic AI technology for the social infrastructure and defense sectors.
Mitsubishi Heavy Industries announced on the 16th that it had signed a capital and business alliance agreement with Preferred Networks, an artificial intelligence developer, under which Mitsubishi Heavy Industries will invest a total of ¥10 billion in Preferred Networks.
The two companies said they plan to step up joint development of domestic AI technology for the social infrastructure and defense sectors. Details of the purpose and scope are limited to the information presented in the main text.