SoftBank’s billionaire chief executive Masayoshi Son and Trump have today jointly announced a $100 billion investment at the president-elect’s Mar-a-Lago residence in Florida.
The investment will primarily focus on creating 100,000 jobs in AI and related infrastructure, signaling SoftBank’s continued confidence in the U.S. market and its technological advancements.
The $100bn pledge, made at a flag-bedecked event at Trump’s Mar-a-Lago club in Palm Beach, Florida, fits in with Trump’s vow to bolster the US economy and reduce the effect of inflation on Americans during his second term, which begins on January 20.
This investment follows a similar promise made by SoftBank in 2016, when the company pledged $50 billion to create 50,000 jobs under President Trump’s first term.
The $100 billion infusion is expected to come from SoftBank’s Vision Fund, capital projects, and its significant stake in chipmaker Arm Holdings.
The timing of this announcement is particularly noteworthy as it coincides with a shift in investor sentiment, which is currently favoring long positions in Japanese equities.
While some of the funds may come from SoftBank’s previously announced investments—such as the $1.5 billion allocated to OpenAI—the scale of this new commitment underscores the growing importance of AI and innovation in SoftBank’s future strategy.
The investment is seen as a significant boost to the U.S. economy, particularly in the fields of artificial intelligence and technological infrastructure.
By creating thousands of new jobs and deepening its involvement in high-tech industries, SoftBank’s move could have far-reaching implications for the U.S. tech sector, further cementing its status as a global leader in technological investment.
This announcement also reflects SoftBank’s broader ambition to be at the forefront of AI development, a sector that continues to drive significant global economic growth and innovation.
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