This Japanese AI unicorn has big plans to use deep learning to fix 'real-world' problems [MSNBC.com]
FANUC CORP UNSP/ADR (FANUY)
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Source: MSNBC.com
In this articleToru Nishikawa (right), co-founder and chief executive officer of Preferred Networks, and Daisuke Okanohara, co-founder and chief executive researcher, with a Fanuc Corp. robotic arm at their company's headquarters in Tokyo, Japan, March 16, 2018.Bloomberg | Bloomberg | Getty ImagesPreferred Networks is a little-known name outside of Japan, but the Toyota-backed artificial intelligence unicorn has big plans to use deep learning to fix "real-world" issues — with the end goal of going global."For the past 10 years, we have been working on using to solve real-world problems," chief executive researcher, DaisukeManaging AsiaPreferred Networks has drawn the attention of big names such as automotive giant10.5 billion yenPreferred Networks is one of the few unicorns in Japan. Though Japan's startup ecosystem has grown, Japanese companies valued at over $1 billion make up just 0.5% of the world's total,according to an International Monetary Fund working paperThe deep-learning
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