Softbank announces $100B investment in US AI infrastructure

The announcement came at President-elect Donald Trump’s Mar-a-Lago estate in Florida.

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Masayoshi Son, the CEO of Japanese investment holdings firm Softbank Group, announced on Dec. 16 that his firm would be investing at least $100 billion in the United States to build artificial intelligence infrastructure.

The announcement was made at President-elect Donald Trump’s Mar-a-Lago resort in Palm Beach, Florida. According to Trump, this partnership will create 100,000 jobs focused on AI — though details remain scarce as of the time of this article’s publication. 

During the announcement, Son and Trump exchanged banter indicating that the president-elect sought to double the initial sum. Laughing, Son referred to Trump as a “great negotiator,” and promised to “try and make it happen.” 

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