President-elect Donald Trump pledged expedited approvals for any company that invests at least $1 billion in the U.S. SoftBank's investment will focus on AI and emerging technology.
Japanese tech conglomerate SoftBank plans to invest $100 billion in the U.S. and create 100,000 jobs in artificial intelligence and technology, President-elect Donald Trump announced Monday at Mar-a-Lago alongside SoftBank CEO Masayoshi Son.
'I'm going to ask him right now, will you make it $200 billion, believe it or not, he can actually afford to do that,' Trump said. Son responded, 'With your leadership and my parternship and your support, I will try to make it happen.' After Trump's 2016 victory, the two announced his firm would invest $50 billion in the U.S. Tokyo-based SoftBank is an investment company that focuses on financial, tech and energy companies.
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