President-elect Donald Trump and SoftBank Group CEO Masayoshi Son have unveiled an ambitious $100 billion investment plan aimed at revolutionizing artificial intelligence and infrastructure in the United States. The announcement, made at Trump’s Mar-a-Lago residence in Palm Beach, Florida, signals a significant vote of confidence in the U.S. economy under Trump’s leadership. The investment is projected to create over 100,000 American jobs within the next four years.

Son, the billionaire founder of the Japanese tech conglomerate, attributed the unprecedented scale of the investment to his faith in Trump’s economic policies. “My confidence level in the U.S. economy has tremendously increased with his victory,” Son remarked. “President Trump is a double-down president. I’m going to have to double down.” 

This announcement marks a historic milestone, doubling the scope of a similar commitment made by SoftBank in 2016 during Trump’s first term. At the time, SoftBank pledged $50 billion to create 50,000 jobs in the U.S. The latest initiative underscores SoftBank’s deepening commitment to fostering innovation and technological growth in America.

President Trump lauded the investment as a transformative step for the nation’s future. “This historic investment is a monumental demonstration of confidence in America’s future,” Trump said. “It will help ensure that artificial intelligence, emerging technologies, and other industries of tomorrow are being created and grown right here in the USA.”

SoftBank’s focus on artificial intelligence aligns with Trump’s vision of positioning the United States as a global leader in next-generation technologies. The $100 billion pledge is expected to fund key projects in AI development and infrastructure upgrades, creating opportunities in sectors critical to the nation’s economic growth.

The announcement not only highlights SoftBank’s optimism about America’s prospects but also sets a strong foundation for public-private collaboration during Trump’s presidency. This moment reinforces Trump’s ongoing efforts to attract foreign investments that directly benefit the U.S. economy, signaling a robust start to his presidency.