Masayoshi Son meets Trump, promises to invest $100 billion in the U.S. President-elect Trump announced on December 16 that SoftBank Group (SBG) will invest $100 billion in the U.S., creating at least 100,000 jobs.
In a press conference on Monday, Trump stated: "This historic investment reflects confidence in the future of America and will ensure that industries such as artificial intelligence can develop in the U.S." After Trump, SBG Chairman and President Masayoshi Son expressed, "We are very pleased to make this investment," hinting at further expansion of investments.
On December 16, Masayoshi Son visited Trump at his Mar-a-Lago estate in Florida and met with him. The company is considering investing in areas related to artificial intelligence, such as data centers, with the aim of smoothly expanding its business in the U.S.
Masayoshi Son first met Trump in December 2016 after Trump won the presidential election and stated that his goal was to invest about $50 billion in the U.S. over the next four years, creating about 50,000 jobs.
SBG has invested $500 million in the U.S. company OpenAI, which developed the conversational AI service "Chat GPT," and it is reported that SBG is considering an additional investment of up to $1.5 billion.