Trump and SoftBank CEO unveil $100 billion investment plan for US projects
kcra.com —
President-elect Donald Trump and SoftBank CEO Masayoshi Son announced a new $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 investment follows a similar commitment made in December 2016, when SoftBank pledged $50 billion and 50,000 jobs. The previous investment resulted in about $75 billion being spent, but the exact number of jobs created remains unclear. The new 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.