SoftBank plans $100 billion US investment to create 100,000 jobs

economictimes.indiatimes.com

Masayoshi Son, head of SoftBank, announced plans to invest $100 billion in the US over the next four years. This investment aims to create 100,000 jobs and focus on artificial intelligence and infrastructure. The announcement was made during Son's visit to President-elect Donald Trump's Mar-a-Lago residence. The funding will come from various SoftBank entities, including the Vision Fund and Arm Holdings. Some of the investment may include previously raised funds, such as SoftBank's recent $1.5 billion investment in OpenAI.


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