SoftBank Confirms $100B US AI Investment
SoftBank Confirms $100B US AI Investment

SoftBank Confirms $100B US AI Investment

News summary

SoftBank Group, led by CEO Masayoshi Son, has announced a $100 billion investment in the United States over the next four years, coinciding with President-elect Donald Trump's return to office. This investment aims to create 100,000 jobs, focusing on artificial intelligence and related industries, and signifies SoftBank's confidence in the US economy under Trump's leadership. The announcement was made at Trump's Mar-a-Lago resort, where Trump praised Son's commitment as a 'monumental demonstration of confidence in America's future.' This pledge builds on a previous $50 billion investment promise made by SoftBank during Trump's first term, though questions remain about the realized job creation from that initiative. Trump humorously suggested Son to double the investment to $200 billion, to which Son responded with a smile, indicating willingness to strive for larger investments.

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