President-elect Donald Trump announced a $100 billion investment from SoftBank in the US over four years, promising 100,000 jobs in artificial intelligence and infrastructure.
Trump referred to the investment as "monumental confidence in America's future," emphasizing the positive impact on the economy and inflation reduction during his upcoming term.
SoftBank’s CEO Masayoshi Son expressed determination to find ways to fund the investment, with possible sources including the Vision Fund and other capital projects.
Son highlighted the necessity for extensive investments in AI, stating that achieving artificial super intelligence would require hundreds of billions of dollars.
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