Sources: SoftBank plans to invest $100 billion in the U.S., focusing on AI and related infrastructure development

2024-12-16 23:58:22
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ChainCatcher news, according to CNBC, SoftBank Group CEO Masayoshi Son will visit President-elect Donald Trump's Mar-a-Lago estate on Monday and announce a $100 billion investment in the United States over the next four years.

Sources revealed that Masayoshi Son will also commit to creating 100,000 jobs focused on artificial intelligence (AI) and related infrastructure, with the funds to be deployed before Trump's term ends. It is reported that this funding may come from various sources controlled by SoftBank, including the Vision Fund, capital projects, or chip manufacturer Arm Holdings (ARM.US).

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