SoftBank's Masayoshi Son Announces $100 Billion AI Investment in U.S., Trump Requests Doubling to $200 Billion

Masayoshi Son, the founder of SoftBank, has announced a $100 billion investment plan in artificial intelligence and related technologies in the United States. This investment comes in the wake of Donald Trump's election as President, with Trump praising Son as a highly respected figure in Asia. During a recent event, Trump encouraged Son to double his investment from $100 billion to $200 billion. Son's focus is reportedly on developing competitive AI chips, aiming to challenge Nvidia's dominance in the market. The investment is seen as a significant step towards creating jobs and opportunities in the U.S., with Trump asserting that foreign investments are beginning to return to the country even before his inauguration in January 2025.