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SoftBank Group plans to announce a $100 billion investment in the United States over the next four years.
As part of the announcement, SoftBank Group CEO Masayoshi Son pledged to create 100,000 jobs focused on AI and infrastructure.
SoftBank Group CEO Masayoshi Son is scheduled to visit U.S. President-elect Donald Trump's Mar-a-Lago residence on Monday to announce that the company will invest $100 billion in the U.S. over the next four years, CNBC reports.
In a joint announcement with Trump, Son will create 100,000 jobs focused on artificial intelligence (AI) and related infrastructure, CNBC reported, citing people familiar with the matter. He also promised to invest in the funds by the end of his term.
Funding could come from a variety of sources controlled by SoftBank, including the Vision Fund, capital projects or chipmaker Arm Holdings, CNBC said.
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