SoftBank CEO to announce $100 billion U.S. investment in AI during Trump visit

economictimes.indiatimes.com December 16, 2024, 01:00 PM UTC

SoftBank CEO Masayoshi Son will announce a $100 billion investment in the U.S. during a visit to President-elect Donald Trump at Mar-a-Lago. This investment will focus on artificial intelligence and related infrastructure over the next four years. The plan includes creating 100,000 jobs in the AI sector. The funding will be sourced from various SoftBank assets, including the Vision Fund and Arm Holdings. This announcement marks a significant commitment to U.S. technology and job creation, differing from previous investments by emphasizing AI and infrastructure.


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