A SoftBank logo is seen at its shop in Tokyo, Feb 21, 2023. (PHOTO / AP)
PALM BEACH, Florida – US President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on Monday that SoftBank would invest $100 billion in the US over the next four years in what would be a boost to the US economy.
Trump said in his joint appearance with Son that the investment would create 100,000 jobs focused on artificial intelligence and related infrastructure, with the money to be deployed before the end of Trump’s term.
The Monday announcement echoes a similar pledge Son made with then-President-elect Trump in December 2016 at Trump Tower, when Son said he would spend $50 billion and create 50,000 jobs.
While that money was eventually spent, it is unclear whether those jobs were created.
Trump said SoftBank’s latest investment pledge was evidence of “monumental confidence in…
