Trump also promised in his joint appearance with Son that the investment would create 100,000 jobs focused on Ai and related infrastructure, with the money to be deployed before the end of Trump's term.
CNBC's Sara Eisen reports on the latest news from SoftBank.
SoftBank Group will soon announce a multibillion-dollar investment into U.S. projects during President-elect Donald Trump's second time in office, according to multiple outlets, likely in AI jobs—doubling a similar promise SoftBank's CEO made in Trump's first term that created mixed results.
SoftBank Group CEO Masayoshi Son will announce a $100 billion investment in the U.S. over the next four years during a Monday visit to U.S. President-elect Donald Trump's residence Mar-a-Lago, CNBC reported on Monday.
Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.20 million, as the Indian firm sheds non-core assets following a bruising regulatory clampdown earlier this year.
Former SoftBank President Alok Sama talks about leading the Arm acquisition in a Q&A about his new book, ‘The Money Trap: Lost Illusions Inside the Tech Bubble.'
SoftBank reportedly wants to purchase $1.5 billion in OpenAI stock. It's part of an effort by SoftBank Group CEO Masayoshi Son to strengthen the company's stake in OpenAI and position it as an artificial intelligence (AI) leader, the Financial Times (FT) reported Wednesday (Nov. 27).
CNBC's Kate Rooney joins 'Squawk Box' to discuss the latest news from OpenAI.
Microsoft-backed OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group , CNBC reported on Wednesday.
OpenAI is allowing employees to sell roughly $1.5 billion worth of shares in a new tender offer to SoftBank, CNBC has learned. SoftBank's latest investment adds to OpenAI's recent $6.6 billion funding round at a $157 billion valuation.
Masayoshi Son recently suggested that investors are not pricing in Nvidia's future opportunities in the AI market.
Nvidia is building a massive supercomputer in Japan.