SoftBank plans $100 billion investment in the U.S. to create 100,000 jobs

SoftBank Group will invest $100 billion in the U.S. over the next four years, as announced by U.S. president-elect Donald Trump and CEO Masayoshi Son. This investment aims to create 100,000 jobs in artificial intelligence and infrastructure. This new pledge follows a similar commitment made by Son in 2016, which promised $50 billion and 50,000 jobs. It remains unclear if those jobs were actually created. SoftBank is recovering from past financial challenges, including losses from WeWork. Funding for the new investment may come from various SoftBank sources, including its Vision Fund. Son has emphasized the importance of artificial intelligence and has been increasing SoftBank's investments in the sector.