Trump, Softbank CEO to announce $100B investment in critical infrastructure, AI
foxbusiness.comIncoming White House press secretary Karoline Leavitt comments on President-elect Trump's U.S. industry investments, Mitt Romney's recent supportive statements and tech CEOs flocking to Mar-a-Lago.
President-elect Donald Trump and Softbank CEO Masayoshi Son are announcing a $100 billion investment in critical infrastructure and artificial intelligence on Monday, the incoming White House press secretary told FOX Business.
Karoline Leavitt, speaking on «Varney & Company,» called the investment «a huge win for Trump, and it's another example of the Trump effect.»
«The CEO of SoftBank will be at Mar-a-Lago today. You will hear from him and the president-elect in just a couple of hours talking about this $100 billion investment in critical infrastructure and in AI,» she said. «And the CEO of SoftBank is also promising to create 100,000 new American jobs.
»This is President Trump delivering on the promise he made to the American people on the campaign trail that he was going to make the United States of America the manufacturing superpower of the world," Leavitt added.
TECH LEADERS BEZOS, ZUCKERBERG, COOK, AND PICHAI LOOK FOR FACE TIME WITH TRUMP
Former President Donald Trump, right, and Masayoshi Son, founder and chief executive officer of SoftBank, participate in a groundbreaking ceremony for the $10 billion Foxconn factory complex on June 28, 2018 in Mt. Pleasant, Wisconsin. (Scott Olson/Getty Images / Getty Images)
A person involved with the event today at Mar-a-Lago told The Wall Street Journal that SoftBank – a telecommunications and internet services company based in Japan – plans to complete the investments before Trump leaves office in 2029.
The newspaper reported that SoftBank currently has around $30 billion
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