According to reports, SoftBank Group (SFTBY.US) CEO Sun Zhengyi will visit US President-elect Donald Trump's Sea-Lake Estate on Monday and will announce an investment of 100 billion dollars in the US over the next four years.
The Zhitong Finance App learned that according to reports, SoftBank Group (SFTBY.US) CEO Sun Zhengyi will visit US President-elect Donald Trump's Sea-Lake Estate on Monday and will announce an investment of 100 billion dollars in the US over the next four years. Sources revealed that Sun Zhengyi will also promise to create 0.1 million jobs focused on artificial intelligence (AI) and related infrastructure, and the funds will be deployed before the end of Trump's term.
According to reports, this funding may come from various sources controlled by SoftBank, including vision funds, capital projects, or chipmaker Arm Holdings (ARM.US).