SoftBank announces $100 billion investment in US projects to create 100,000 jobs
SoftBank Group has announced a $100 billion investment in U.S. projects, aiming to create 100,000 jobs during President-elect Donald Trump's second term. This commitment doubles a previous promise made during Trump's first term. SoftBank's CEO Masayoshi Son mentioned the investment may focus on artificial intelligence. The exact details of the investment remain unclear, and it is uncertain how SoftBank will fund the full amount. Son, a prominent figure in the tech industry, has significant stakes in AI companies, including Arm Holdings and OpenAI. His investment reflects a broader optimism among wealthy tech leaders about the U.S. industry under Trump.