SoftBank plans $100 billion investment in US projects with Trump

nytimes.com

SoftBank plans to invest $100 billion in U.S. projects, a move similar to its $50 billion commitment made after Donald Trump’s 2016 election victory. The announcement was made at a news conference at Trump's Mar-a-Lago estate. The investment aims to create 100,000 jobs, focusing on technology and artificial intelligence over the next four years. This follows SoftBank's previous investments in various start-ups, including WeWork. During the event, Trump suggested that SoftBank's CEO, Masayoshi Son, should double the investment. Son did not commit to this but praised Trump as a skilled negotiator.


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