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Trump, SoftBank CEO reveal $100B investment in AI to create 100K US jobs


President-elect Donald Trump, along with SoftBank Group CEO Masayoshi Son, on Monday announced an investment of $100 billion in the US over the next four years, which will boost the American economy.

Trump, in his joint appearance with Son, also promised that the investment would create 100,000 jobs. Artificial Intelligence (AI) and related infrastructureWith the money to be deployed before the end of Trump’s term.

Trump said the investment was evidence of “tremendous confidence in America’s future.”


Donald Trump, along with SoftBank Group CEO Masayoshi Son, on Monday announced a $100 billion investment in the US over the next four years, which will boost the American economy. AP

The promise, made at a flag-decorated event at Trump’s Mar-a-Lago club in Palm Beach, Florida, to boost the US economy and ease the impact of inflation on Americans during his second term starting in January. Fits with Trump’s resolve. 20.

Trump called Son “one of the most accomplished business leaders of our time.”

Monday’s announcement echoes a similar pledge Son made to then-President-elect Trump at Trump Tower in December 2016, when Son said he would spend $50 billion and create 50,000 jobs.


Trump and son in 2016.
Trump and son in 2016. AP

Although that money was ultimately spent, it is unclear whether those jobs were created.

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