SoftBank announces $100 billion investment in US to create 100,000 jobs
Japan's SoftBank announced plans to invest $100 billion in the U.S. and create 100,000 jobs. This investment was revealed by CEO Masayoshi Son alongside President-elect Donald Trump at Mar-a-Lago, marking a shift in corporate relations with the incoming administration. The investment will focus on artificial intelligence and infrastructure, including chip and data center projects. Son previously pledged a similar investment after Trump's 2016 election, but the actual job creation from that initiative remains unclear. SoftBank's new commitment comes as U.S. tech companies increase donations to Trump's inauguration fund, indicating a desire to align with the new administration. Trump's policies aim to boost U.S. investment through tax cuts and deregulation.