SoftBank to Invest $100B in U.S. Under Trump

During a visit to Mar-a-Lago today SoftBank CEO Masayoshi Son announcing he'll invest 100 billion dollars in the U.S. over the next four years.

Transcript

00:00A major win for President-elect Trump a month before he takes office.

00:04During a visit to Mar-a-Lago today, SoftBank CEO Masayoshi San announcing

00:09he'll invest $100 billion in the U.S. over the next four years.

00:14The billionaire investor also promising to create 100,000 jobs

00:18focused on artificial intelligence and related infrastructure.

00:23The funding could come from various sources, including the Vision Fund

00:26or chipmaker Arm Holdings, though it's said that

00:30Masayoshi only has $25 billion in cash on hand.

00:34We'll hear more in an official announcement later today in Palm Beach.