SoftBank plans $100 billion investment in U.S. technology sector

SoftBank, a Japanese tech company, plans to invest $100 billion in the U.S., focusing on artificial intelligence and emerging technologies. This investment aims to create at least 100,000 jobs, as announced by President-elect Donald Trump. Trump also promised faster approvals for companies investing over $1 billion in the U.S. He suggested that SoftBank could potentially double its investment to $200 billion. This follows a previous commitment from SoftBank to invest $50 billion after Trump's 2016 election. During the announcement, Trump emphasized his economic plans, including further tax cuts. He expressed optimism about the U.S. economy and the potential for significant reforms during his upcoming term.