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Mitsubishi Heavy IndustriesPreferred Networks

Mitsubishi Heavy Industries Invests 10 Billion Yen in PFN to Strengthen Joint Development of AI for Infrastructure and Security

Mitsubishi Heavy Industries has entered into a capital and business alliance with Preferred Networks (PFN), investing a total of 10 billion yen. The collaboration aims to accelerate the joint development of cutting-edge AI technologies for the intelligent and autonomous operation of machines and systems in mission-critical domains such as social infrastructure and national security.

FundingNvidia

NVIDIA Reportedly Becoming the "Central Bank of AI"

NVIDIA has made massive investments in startups over the past three years and is also expanding financial support for its customers. The Economist reported that the company's role in supplying capital to the industry is akin to being the "Central Bank of AI."