During the press conference, President-elect Trump made a bold statement regarding job creation by announcing that SoftBank would invest $100 billion in U.S. projects, aiming for the creation of 100,000 jobs. This investment is expected to primarily focus on technology and artificial intelligence. The ambitious nature of this commitment underlines Trump's aggressive economic strategy as he prepares to take office and reflects a broader hope for revitalizing American industry through foreign investment.
Masayoshi Son, the CEO of SoftBank, was present during the announcement and expressed a willingness to negotiate, especially when President-elect Trump urged him to double the commitment. Son described Trump as a 'great negotiator,' which adds an intriguing dynamic to their partnership. However, despite the high-profile nature of this investment, there remains skepticism regarding SoftBank's actual liquidity and the sources of the funds they would utilize to fulfill such a commitment.
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