Source: SoftBank plans to invest US$100 billion in the United States to help develop AI and related infrastructure

PANews reported on December 16 that SoftBank Group CEO Masayoshi Son will visit US President-elect Donald Trump’s Mar-a-Lago estate on Monday and will announce an investment of US$100 billion in the United States over the next four years, CNBC reported. According to sources, Son will also promise to create 100,000 jobs focusing on artificial intelligence (AI) and related infrastructure, and funds will be deployed before the end of Trump’s term. According to reports, the funding could come from various sources controlled by SoftBank, including the Vision Fund, capital projects or chipmaker Arm Holdings (ARM.US).