SoftBank to Announce Massive Investment in the US

SoftBank Group CEO Masayoshi Son is set to make a significant announcement during his visit to U.S. President-elect Donald Trump's residence, Mar-a-Lago. According to CNBC, Son will reveal plans to invest $100 billion in the United States over the next four years.

Focus on AI and Infrastructure

This substantial investment is expected to create 100,000 jobs, primarily focused on artificial intelligence (AI) and related infrastructure. The funding, which is planned to be deployed before the end of Trump's term, could originate from various sources controlled by SoftBank, including the Vision Fund, capital projects, or chipmaker Arm Holdings.

Impact on the US Economy

This move by SoftBank could have a profound impact on the U.S. economy, fostering innovation and job creation in the rapidly growing AI sector. However, a SoftBank Group representative could not be reached for comment outside of regular business hours in Tokyo.