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President-elect Donald Trump and SoftBank CEO Masayoshi Son announced Monday at Mar-a-Lago a $100 billion investment in U.S. projects over the next four years, aiming to create 100,000 jobs, according to sources.
Similar to Son’s 2016 pledge of $50 billion and 50,000 jobs—later growing to $75 billion—this investment will focus on AI and AI infrastructure, including energy, data centers, and chips.
New presidents and presidents-elect often announce major corporate investments to highlight a revival of American industry.
Here is a video of the announcement:
ART OF THE DEAL: After Softbank CEO Masayoshi Son will announced a $100 billion investment in the US, President Trump asks him on the spot if he’ll double it:
TRUMP: “I’m going to ask him right now, will you make it $200 billion, believe it or not, he can actually afford to do… pic.twitter.com/ry5M2WNHCb
— Charlie Kirk (@charliekirk11) December 16, 2024
For more details on the receptive press conference, which covered the mysterious drones, President Biden selling border wall scraps, pardoning Mayor Eric Adams, and more, click here.
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