Trump and SoftBank CEO unveil $100 billion investment plan for US jobs
wmur.com —
SoftBank CEO Masayoshi Son and President-elect Donald Trump announced a $100 billion investment plan for U.S. projects, focusing on artificial intelligence and infrastructure. The goal is to create 100,000 jobs over the next four years. This new investment plan is larger than SoftBank's previous $50 billion commitment in 2016, which aimed to create 50,000 jobs. The 2016 investment resulted in about $75 billion being invested, but the exact number of jobs created remains unclear. The current plan emphasizes AI infrastructure, including energy, data centers, and chips. Past announcements of large investments have had mixed results, with some projects not meeting initial job creation expectations.