Softbank CEO and Trump to announce $100 billion investment in U.S. by firm

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Softbank CEO and Trump to announce $100 billion investment in U.S. by firm
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The money will be deployed before the end of Trump’s term.

The billionaire investor and founder of the Japanese tech-investing firm will also promise in the joint announcement with Trump to create 100,000 jobs focused on artificial intelligence and related infrastructure, the sources said.

The funding could come from various sources controlled by Softbank, including the Vision Fund, capital projects or chipmaker Arm Holdings, where the firm is majority owner.CEO Masayoshi Son will announce a $100 billion investment in the U.S.

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