Trump and Japan tech conglomerate SoftBank announce $100 billion in U.S. investments

Trump and Japan tech conglomerate SoftBank announce $100 billion in U.S. investments
nbcnews.com

by By Rob Wile • 1 month ago

President-elect Donald Trump and SoftBank's Masayoshi Son announced a $100 billion investment plan aimed at creating 100,000 jobs in artificial intelligence and related infrastructure over four years. This initiative echoes a previous 2016 commitment where SoftBank pledged $50 billion to create 50,000 jobs. However, SoftBank's current financial status raises concerns about funding this new pledge, as it now has only $25 billion in cash on hand.

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