Trump and SoftBank CEO announce the company will invest $100 billion in US projects

President-elect Donald Trump and SoftBank CEO Masayoshi Son announced a $100 billion investment in U.S. projects over the next four years, aiming to create 100,000 jobs, focusing on artificial intelligence and AI infrastructure.

This follows a similar 2016 pledge where SoftBank invested $75 billion but with unclear job outcomes, partly due to COVID-19’s impact.

Large corporate investment promises, like Foxconn’s failed $10 billion Wisconsin factory project, often fall short, CNN has reported.

read more: https://www.cnn.com/2024/12/16/politics/donald-trump-softbank/index.html

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