Japanese Softbank will invest 100 billion pounds to support the development of technology in the United States. Trump jokingly said to founder Masayoshi Son: Another 20 billion is OK.

US President-elect Trump and SoftBank founder Masayoshi Son officially announced at a press conference on 12/16 that SoftBank will increase its investment in the US by $10 billion, expecting to create at least 100,000 job opportunities. Son expressed great confidence in the US economy and promised to promote the establishment of AI and emerging technology industries in the US.

Double commitment, Masayoshi Son’s $100 billion investment in the United States

Masayoshi Son emphasized at the press conference that he has great confidence in the future economic development of the United States and promised to double the investment to 100 billion US dollars in the next four years, creating 100,000 job opportunities in the United States, focusing on AI, semiconductors, future technology and other fields.

Since Trump’s election in 2016, SoftBank has promised to invest $50 billion, and it has successfully fulfilled this commitment. Masayoshi Son jokingly referred to Trump as the ‘double president’ and himself as ‘doubling down’ on investment. He also expressed that ‘although technology and business development are important, I hope that President Trump can bring peace to the world, which is also my expectation for the future.’

Trump proud of US business confidence hitting 39-year high

Trump also cited the latest business survey, pointing out that the National Federation of Independent Business (NFIB) Small Business Confidence Index rose sharply by 41 points, the largest increase in 39 years, reflecting businesses’ optimism about the future economic policy. Trump said that SoftBank’s investment is a ‘historic demonstration’, symbolizing foreign confidence in the future of the United States and helping AI and other technology industries thrive in the United States.

Trump joked with Sun Zhengyi, another $20 billion is no problem, right

Interestingly, Trump “shouted” to Son at the press conference, hoping that SoftBank would expand the amount of investment, and even asked with a smile: “You can invest another $20 billion, right?” Son remained modest, saying that while he has pledged $100 billion for now, he will “try hard” in the future with Trump’s support. Trump laughed on the spot and said that he is quite confident in the development and financial strength of SoftBank, and believes that this investment may continue to increase.

Trump talks about global crisis, will do everything to promote international peace

In addition to economic issues, Trump also mentioned international situations, including the Ukraine-Russia war and the Middle East crisis, at the press conference. Trump believes that these conflicts will not occur under his leadership, and he promises to work hard to promote international peace. He pointed out that the devastating impact of today’s wars is shocking and hopes to resolve global crises as soon as possible through diplomatic means.

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This article, SoftBank of Japan will invest 100 billion baht to support the development of American technology. Trump joked with founder Masayoshi Son: Another 20 billion, OK? First appeared on Chain News ABMedia.