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Softbank CEO announces a $100 billion investment into the US

TechCrunch LogoTechCrunch15h ago

Softbank CEO announces a $100 billion investment into the US - TechCrunch

Quick Summary:

At the Monday conference, Son said he chose to double his 2016 investment because “President Trump is a double down president, I’m going to have to double down.

Trump called it a “historic investment” that will “help ensure that artificial intelligence, emerging technologies and other industries of tomorrow are built, created and grown right here in the USA.

On Monday, Softbank CEO Masayoshi Son joined President-elect Donald Trump to announce that his company would invest $100 billion into the US over the next four years.


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Article Details

Author / Journalist: Margaux MacColl

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 16:54:26 (15 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 140 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 24446611

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