Softbank is wooing Trump with a plan to invest $100 billion in AI

Quartz12-16

President-elect Donald Trump rings the opening bell on the trading floor of the New York Stock Exchange on December 12. - Photo: Spencer Platt (Getty Images) Japanese investment giant Softbank (...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2491694111?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/DCY22CAG3p9bl1Cv0bXxXw--~B/aD00MjQ7dz02MzY7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/quartz.com/b507e463049ab1aab603d56a7b6d6587","is_english":true,"pubTime":"2024-12-16 21:18","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2491694111","market":"us","top_or_hot":-1,"title":"Softbank is wooing Trump with a plan to invest $100 billion in AI","media":"Quartz","content":"<div>\n<p>President-elect Donald Trump rings the opening bell on the trading floor of the New York Stock Exchange on December 12. - Photo: Spencer Platt (Getty Images)\n \n\nJapanese investment giant Softbank (...</p>\n\n<a href=\"https://finance.yahoo.com/news/softbank-wooing-trump-plan-invest-131800457.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Softbank is wooing Trump with a plan to invest $100 billion in AI</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoftbank is wooing Trump with a plan to invest $100 billion in AI\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-16 21:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/softbank-wooing-trump-plan-invest-131800457.html><strong>Quartz</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>President-elect Donald Trump rings the opening bell on the trading floor of the New York Stock Exchange on December 12. - Photo: Spencer Platt (Getty Images)\n \n\nJapanese investment giant Softbank (...</p>\n\n<a href=\"https://finance.yahoo.com/news/softbank-wooing-trump-plan-invest-131800457.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03160","symbol_name":"华夏日股对冲","start_time":0,"source_url":"https://finance.yahoo.com/news/softbank-wooing-trump-plan-invest-131800457.html","article_id":"2491694111","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/DCY22CAG3p9bl1Cv0bXxXw--~B/aD00MjQ7dz02MzY7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/quartz.com/b507e463049ab1aab603d56a7b6d6587"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491694111","pubTimestamp":1734355080,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"President-elect Donald Trump rings the opening bell on the trading floor of the New York Stock Exchange on December 12. - Photo: Spencer Platt . Japanese investment giant Softbank  reportedly plans to announce a $100 billion investment in the U.S. during its CEO’s visit with President-elect Donald Trump.CNBC, citing unnamed sources familiar with the plans, reports that the investments will primarily focus on artificial intelligence and related support infrastructure, including data centers and semiconductor chip production. The money will be invested before the end of Trump’s second term in office and aims to create 100,000 jobs. CNBC reports that some of the money could come from Softbank’s Vision Fund, capital projects, or Arm Holdings, a chipmaker that is majority-owned by Softbank.It also may not be newly-raised funding, and may include some investments were previously announced, including the firm’s $1.5 billion investment in OpenAI.For the latest news, Facebook, Twitter and Insta","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"03160":"华夏日股对冲","BK4122":"互联网与直销零售","BK4503":"景林资产持仓","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4536":"外卖概念","BK4535":"淡马锡持仓","SFTBY":"软银集团","SFTBF":"Softbank Group Corp","DASH":"DoorDash, Inc.","BK4585":"ETF&股票定投概念","BK4132":"无线电信业务","BK4505":"高瓴资本持仓","BK4588":"碎股","BK4549":"软银资本持仓","BK4209":"餐馆"},"translate_title":"软银计划向人工智能投资1000亿美元来拉拢特朗普","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DASH":1,"SFTBY":1,"SFTBF":0.9,"03160":0.6},"content_text":"President-elect Donald Trump rings the opening bell on the trading floor of the New York Stock Exchange on December 12. - Photo: Spencer Platt (Getty Images)\n \n\nJapanese investment giant Softbank (SFTBY) reportedly plans to announce a $100 billion investment in the U.S. during its CEO’s visit with President-elect Donald Trump.\nCNBC, citing unnamed sources familiar with the plans, reports that the investments will primarily focus on artificial intelligence and related support infrastructure, including data centers and semiconductor chip production. The money will be invested before the end of Trump’s second term in office and aims to create 100,000 jobs. CNBC reports that some of the money could come from Softbank’s Vision Fund, capital projects, or Arm Holdings, a chipmaker that is majority-owned by Softbank. \nIt also may not be newly-raised funding, and may include some investments were previously announced, including the firm’s $1.5 billion investment in OpenAI.\nSoftbank CEO Masayoshi Son has become a major champion of AI, even asking OpenAI’s ChatGPT for investment advice and comparing doubters of the tech to goldfish who will be “left behind.” In May, The Financial Times reported that Softbank was prepared to commit close to $9 billion a year in AI investments. Earlier that month, it led a $1 billion funding round for self-driving car startup Wayve. \nThe $100 billion investment would be a follow-up to Softbank’s 2016 announcement that it would invest $50 billion in the U.S. and create 50,000 new jobs. At the time, Trump claimed that the deal wouldn’t have happened if his Democratic rival had won the presidential election. \nIn June 2018, while speaking at the groundbreaking ceremony for a new Foxconn factory in Wisconsin, Trump claimed that Softbank’s investments “turned out to be $72 billion so far.” More than a year later, in December 2019, Softbank told Forbes that the Vision Fund and other vehicles had poured $47 billion into the U.S. economy by investing in dozens of companies, including DoorDash (DASH).\n Almost half of its investments at the time went to co-working startup WeWork, which filed for Chapter 11 bankruptcy protection in 2023 after a failed public launch. By the time it filed for Chapter 11, WeWork’s value had sunk from a $47 billion peak to just $45 million. It exited bankruptcy earlier this year. \n For the latest news, Facebook, Twitter and Instagram.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2491694111"}