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SoftBank woos Trump with $157b investment

Akayla Gardner and Hadriana Lowenkron
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Mar-a-Lago | Donald Trump’s first news conference since the election covered a wide range of topics, but it began with an eye-catching pledge: a $US100 billion ($157 billion) investment in the United States by SoftBank, a Japanese technology company.

Standing beside SoftBank chief executive Masayoshi Son at his Mar-a-Lago estate, Trump announced the company’s investment is intended to create 100,000 jobs. Trump transition officials said the investment will focus on technology and artificial intelligence over the next four years.

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Bloomberg and Reuters

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    Original URL: https://www.afr.com/world/north-america/softbank-woos-trump-with-157b-investment-20241217-p5kywz