On Monday, after meeting with Donald Trump, the CEO of Softbank announced the company’s 100 billion dollar investment in the United States over the next 4 years.
According to CNBC, Softbank CEO Masayoshi San met with US President-elect Donald Trump on Monday at his personal mansion in Maralago, Florida. In this meeting, the CEO of Softbank confirmed that the company will invest 100 billion dollars in the US technology sectors in the next 4 years.
Softbank’s astronomical investment in the US technology market
According to Masayoshi Sun, this investment could create at least 100,000 new jobs focusing on artificial intelligence and related infrastructure in the US. Also, this huge investment will be made before the end of this period of Donald Trump’s presidency. Sun said that his confidence in the American economy has increased greatly after the election of Donald Trump.
Of course, this is not the first time that Softbank invests tens of billions of dollars in the American economy. In 2016, after the election of Trump as the President of the United States, Softbank promised to invest 50 billion dollars in the American economy, which would create 50,000 new jobs for the citizens of this country.
In response to this huge investment, Donald Trump said:
“This historic investment demonstrates confidence in America‘s future and ensures that artificial intelligence, emerging technologies and other future industries are created and thrive right here in the United States.”
This 100 billion dollar investment will be financed from various sectors under the control of Softbank; including the “Vision Fund” fund, other investment projects of this company and Arm Holding. Of course, Softbank’s new investment in America will also include some previous investments of this company; For example, SoftBank recently invested $1.5 billion in OpenAI.
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