SoftBank Pledges $100 Billion U.S. Investment Over Four Years to Create 100,000 AI Jobs

Dec 16, 2024, 04:49 PM

SoftBank Group Corp.’s CEO, Masayoshi Son, met with President-elect Donald Trump at Mar-a-Lago in Florida to announce a $100 billion investment in the United States over the next four years. The Japanese financial and tech giant's investment aims to create at least 100,000 jobs focused on artificial intelligence, chips, data centers, and related infrastructure. During the meeting, Son indicated he might consider increasing the investment to $200 billion following Trump's encouragement. The commitment is expected to boost the U.S. economy and strengthen the nation's position in emerging technologies.