SoftBank's Son and Trump to Announce $100 Billion U.S. AI Investment Over Four Years, Creating 100,000 Jobs

Dec 16, 2024, 12:59 PM

SoftBank Group Corp.'s CEO Masayoshi Son is set to announce a $100 billion investment in the United States over the next four years during a joint announcement with President-elect Donald Trump at Mar-a-Lago in Palm Beach, Florida. The investment, focusing on artificial intelligence and related infrastructure, aims to create 100,000 jobs in the U.S. This marks Son's second major U.S. investment commitment, following a similar pledge in 2016.