Trump announces SoftBank plans $100 billion investment in US projects

theguardian.com

President-elect Donald Trump announced a $100 billion investment from SoftBank during a press event at his Mar-a-Lago club. He claimed this investment would create 100,000 new jobs, primarily in the artificial intelligence sector, over his upcoming four-year term. This announcement marks a significant increase from SoftBank's previous $50 billion commitment made during Trump's first election win in 2016. However, the actual job creation from that earlier investment remains unclear. SoftBank CEO Masayoshi Son expressed confidence in the U.S. economy under Trump, stating the new investment reflects optimism following the election. The funding details for this latest investment have not been disclosed.


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