News Formal

Trump, SoftBank CEO to announce $100 billion investment in the US

  • 📰 10News
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Rooted in fact-based, transparent reporting, Newsy is an award-winning opinion-free network owned by the E.W. Scripps Company that is relentlessly focused on “the why” of every story and seeks to enable a more intimate and immersive understanding of the issues that matter.

The Japanese technology giant SoftBank will reportedly invest $100 billion in U.S. projects over the next four years. The Wall Street Journal reports that SoftBank Group CEO Masayoshi Son will join President-elect Donald Trump to announce the investment that will be focused on emerging technologies, including artificial intelligence. A person familiar with the announcement told The Wall Street Journal that the investment will result in 100,000 jobs over the next four years.

Donald Trump named Time's Person of the Year for a second timeTrump appears to have foreshadowed the announcement last week on Truth Social. 'Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America, will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals,' he posted. 'GET READY TO ROCK!!!'Trump's relationship with Softbank dates back about a decade.

Meta donates $1 million to Trump's inauguration fund

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 732. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Softbank CEO Masayoshi Son to announce $100 billion investment in U.S. during visit with TrumpSoftbank CEO Masayoshi Son will announce a $100 billion investment in the U.S. over the next four years.
Source: nbcchicago - 🏆 545. / 51 Read more »

Softbank CEO and Trump to announce $100 billion investment in U.S. by firmThe money will be deployed before the end of Trump’s term.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »