SoftBank CEO announces $100 billion investment in US to create jobs
SoftBank CEO Masayoshi Son announced a $100 billion investment in the US over the next four years. This investment aims to create at least 100,000 jobs in the country. The announcement was made during a press conference with President-elect Donald Trump at Mar-a-Lago. Son's new commitment is double the $50 million investment he made in 2016. Son cited his close relationship with Trump as a reason for the increased investment. He referred to Trump as a "double down president," indicating his decision to expand SoftBank's financial commitment.