Trump and SoftBank CEO announce $100 billion investment in US artificial intelligence

newsweek.com

President-elect Donald Trump and SoftBank CEO Masayoshi Son announced a $100 billion investment in U.S. projects focused on artificial intelligence. The investment will occur over the next four years and aims to create 100,000 new jobs. Trump stated that any $1 billion investment would receive expedited approvals, including environmental permits. This investment follows a similar commitment made by SoftBank during Trump's first term. Son expressed optimism about the U.S. economy and the potential for super artificial intelligence, which he believes requires significant funding. This announcement marks Trump's first press interaction since winning the election.


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