SoftBank to Invest $100 Billion in AI and Infrastructure in US

PYMNTS.com December 16, 2024

Japanese tech investment firm SoftBank will reportedly invest $100 billion in the United States over the next four years.

SoftBank CEO Masayoshi Son announced the investment Monday (Dec. 16) at President-elect Donald Trump’s Mar-a-Logo residence in Florida and said the money will be deployed by the end of Trump’s term, CNBC reported Monday.

The investment will create at least 100,000 jobs focused on artificial intelligence and related infrastructure, according to the report.

“My confidence level to the economy of the United States has tremendously increased with his victory,” Son said of Trump, per the report. “President Trump is a double-down president. I’m going to have to double down.”

Son made a similar investment ahead of Trump’s first term.

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