President-elect Donald Trump and founder of SoftBank Group Corp. and CEO Masayoshi Son speaks to the media in the lobby of Trump Tower on December 6, 2016 in New York.
Eduardo Munoz Alvarez | AFP| Getty Images
Soft bank CEO Masayoshi Son will announce a $100 billion investment in the US over the next four years during a visit on Monday to President-elect Donald Trump's Mar-a-Lago residence in Palm Beach, Florida, he said. sources to CNBC. Sarah Eisen.
The billionaire investor and founder of a Japanese tech investment firm will also pledge in the joint announcement with Trump to create 100,000 jobs focused on artificial intelligence and related infrastructure, the sources said. The money will be used before the end of Trump's term.
The funding could come from various sources controlled by Softbank, including the Vision Fund, capital projects or chipmaker Army Tenureswhere the company is the majority owner. Some of the money may not be new money raised, but could include some funding already announced such as Softbank's recent $1.5 billion investment in OpenAI, which is behind ChatGPT.
Mac Softbank and Trump made the same announcement in 2016 after Trump was elected president for the first time, with the Japanese company agreed to invest $50 billion in the US with the aim of creating 50,000 jobs.
