Official press releases from SoftBank or statements from Masayoshi Son or President-elect Donald Trump

SoftBank's Masayoshi Son to Announce $100 Billion U.S. Investment at Mar-a-Lago on December 16, 2024, Creating 100,000 Jobs

Dec 16, 2024, 11:36 AM

SoftBank CEO Masayoshi Son is set to announce a $100 billion investment in the United States during his visit with President-elect Donald Trump at Mar-a-Lago. The announcement, expected to take place on December 16, 2024, aims to focus on artificial intelligence and related infrastructure, with a commitment to create 100,000 jobs over the next four years. This investment plan mirrors a previous commitment made by SoftBank in 2016, which was successfully executed. While the announcement has generated enthusiasm, some analysts have raised concerns about the binding nature of the commitment and the incremental value of the investment compared to SoftBank's existing spending plans.