Japan’s SoftBank Makes Big Investment Pledge Ahead of Trump’s Inauguration. Again.

Japan’s SoftBank Makes Big Investment Pledge Ahead of Trump’s Inauguration. Again.
nytimes.com

by By Maureen Farrell and Michael J. de la Merced • 2 months ago

SoftBank, a Japanese technology firm led by CEO Masayoshi Son, pledged to invest $100 billion in U.S. projects during a news conference with President-elect Donald Trump. This commitment aims to create 100,000 jobs and focuses on technology and AI. The investment mirrors a previous $50 billion pledge made after Trump’s 2016 victory. However, SoftBank will raise the funds through its balance sheet and partnerships, as it does not have $100 billion in cash readily available.

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