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.
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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.
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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.
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