Why is tech giant SoftBank investing over $100 billion in the US?

Category: Business

Masayoshi Son and Donald Trump announced a $100 billion investment by SoftBank in U.S. projects over four years, focusing on artificial intelligence infrastructure expected to create 100,000 jobs. Son, known for his bold investment strategies, has a history of significant investments in technology and telecommunications, including companies like Alibaba and Arm. The impact of AI on job creation remains uncertain, and while SoftBank has returned to profitability, the nature of the promised investments is still unclear.

Keywords: SoftBank, Masayoshi Son, AI investment

Source: ABC News

Update At: 12/17/2024

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