Masayoshi Son, the CEO of the Japanese multinational investment company SoftBank, has pledged a hefty investment deal with Donald Trump for the U.S. On December 16, 2024, the two jointly announced Son’s SoftBank will invest $100 billion into artificial intelligence and infrastructure-related projects.
“My confidence level to the economy of the United States has tremendously increased with his victory,” Son said while standing beside Trump, according to CNBC. “President Trump is a double down president. I’m going to have to double down.”
The outlet further reported that Son and Trump made a similar pledge of $50 billion after the 2016 election. At the time, the goal was to create 50,000 jobs for the American economy, according to CNBC.
During their announcement, Trump added that Son was “doing this because he feels very optimistic about our country since the election.”
“This historic investment is a monumental demonstration confidence in America’s future, and it …