Softbank CEO to announce $100 billion U.S. investment with Trump
cnbc.com —
Softbank CEO Masayoshi Son will announce a $100 billion investment in the U.S. over the next four years. This announcement will take place during a visit to President-elect Donald Trump's Mar-a-Lago residence. The investment aims to create 100,000 jobs focused on artificial intelligence and related infrastructure. The funding will come from various Softbank sources, including the Vision Fund and existing investments. This new commitment follows a similar announcement in 2016, when Softbank pledged $50 billion to create 50,000 jobs in the U.S. after Trump's first election.