Trump, SoftBank Announce $100 Billion US Investment

The investment projects 100,000 new jobs ‘at minimum’ over the next four years.
Trump, SoftBank Announce $100 Billion US Investment
President-elect Donald Trump delivers remarks alongside SoftBank CEO Masayoshi Son (R) and Trump's choice for Secretary of Commerce, Cantor Fitzgerald Chairman and CEO Howard Lutnick at Trump’s Mar-a-Lago resort in Palm Beach, Fla., on Dec. 16, 2024. Andrew Harnik/Getty Images
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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.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."