SoftBank has announced a significant investment of $100 billion in the United States over the next four years, aiming to create 100,000 jobs. This move is seen as an effort by SoftBank CEO Masayoshi Son to gain favor with the incoming administration of Donald Trump. The announcement follows similar gestures by other tech leaders, including donations from OpenAI's Sam Altman and AI search startup Perplexity to the president-elect's inaugural fund, as well as pledges from Meta and Amazon.

Good morning. SoftBank pledges a mammoth $100 billion US investment. Bitcoin has digital asset naysayers singing a different tune. And telehealth is making it dangerously easy to access weight-loss drugs like Ozempic. Listen to the day’s top stories.SoftBank CEO Masayoshi Son is the latest technology executive angling to win favor from Donald Trump’s upcoming administration. The firm said it would invest $100 billion in the US over the next four years, with the plan including a pledge to create 100,000 jobs. Last week, OpenAI’s Sam Altman and AI search startup Perplexity announced $1 million donations to the president-elect’s inaugural fund. Meta and Amazon have also pledged $1 million apiece.

SoftBank announced an investment of 100 billion USD in the US, aiming to create 100 thousand jobs.