SoftBank, a Japanese internet services and telecommunications titan, will invest $100 billion in the United States over the next four years, President-elect Donald Trump announced at his Mar-a-Lago residence on Dec. 16.
The Tokyo-based company will allocate the $100 billion to U.S. projects centered on artificial intelligence (AI) and AI-related infrastructure, such as energy, chips, and data centers. Trump estimated that it will create 100,000 jobs “at minimum” over the next four years.