President-elect Donald Trump and SoftBank CEO Masayoshi Son announced a $100 billion investment in U.S. projects over the next four years, aiming to create 100,000 jobs, focusing on artificial intelligence and AI infrastructure.

This follows a similar 2016 pledge where SoftBank invested $75 billion but with unclear job outcomes, partly due to COVID-19’s impact.

Large corporate investment promises, like Foxconn’s failed $10 billion Wisconsin factory project, often fall short, CNN has reported.

Foxconn’s revised deal created fewer than 1,500 jobs, while its site now serves as a Microsoft AI data hub.

Written by B.C. Begley