Improper AI strategy could cost companies nearly 30% of shareholder value
2 Articles
2 Articles
AI Preferred's company value falls by 50% as excessive expectations are revised
It has been discovered that Preferred Networks (Chiyoda, Tokyo), a developer of artificial intelligence (AI), conducted a "down round" in 2024, raising funds at an amount lower than the valuation at the time of its previous capital increase. The estimated company value appears to have fallen by more than 50%. In past fundraising rounds, valuations tended to be high due to expectations for AI. The company has decided to accept a low valuation in …
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