Incoming White House Press Secretary Carolyn Leavitt commented on President-elect Trump’s investment in American industry, Mitt Romney’s recent supportive statements and the tech CEO’s arrival at Mar-a-Lago.
newly elected president donald trump And SoftBank CEO Masayoshi Son on Monday announced a $100 billion investment aimed at creating 100,000 new jobs in the US.
Speaking at Mar-a-Lago after meeting his son, Trump called the investment “a monumental show of confidence in America’s future.”
Trump said, “Masa runs one of the largest companies in Japan and one of the most successful investment and technology companies in the world. And we just had a very productive meeting.” “And today, I’m pleased to announce that SoftBank will invest $100 billion in America, creating at least 100,000 American jobs. And he’s doing it because he’s been our country’s leader since the election. Feels very optimistic about.
“This historic investment is a monumental display of confidence in America’s future. And it will help ensure that.” artificial intelligence, Emerging technologies and other industries of the future are created, manufactured and developed right here in the United States,” Trump said.
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U.S. President-elect Donald Trump speaks with SoftBank Chairman and CEO Masayoshi Son at Mar-a-Lago in Palm Beach, Florida, on Monday, Dec. 16. (Reuters/Brian Snyder/Reuters)
Trump also said, “We will not rest until America is more prosperous, safer and stronger than ever before.”
The son said he was “very excited” about the investment.
“I would really like to celebrate President Trump’s great victory, and his victory greatly increases my confidence level in the United States economy,” he said. “So because of that, I’m now excited to deliver $100 billion and 100,000 jobs to the United States.”
Incoming White House press secretary Carolyn Leavitt previously said on Fox Business’s “Varney & Company” that the investment is “a huge win for Trump, and it’s another example of the Trump effect.”
“This is President Trump’s promise that he made to the American people during the campaign that he would make the United States the manufacturing superpower of the world,” Levitt said.
President-elect Donald Trump, left, walks out with SoftBank Group Corp. founder and CEO Masayoshi Son to speak to members of the media in the lobby of Trump Tower in New York City in December 2016. (Jabin Botsford/The Washington Post via Getty Images/Getty Images)
A man attending the announcement today at Mar-a-Lago told the Wall Street Journal SoftBank plans to complete the investment before Trump leaves office in 2029.
The newspaper reported that SoftBank currently has about $30 billion in cash, so it is unclear how the funding commitment will be met.
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The company previously launched the SoftBank Vision Fund – a $100 billion venture capital fund that was marked by flops Which also includes office space company WeWork and construction-focused startup Caterra, according to the Journal.
Sun was quoted in October as saying that he believed computers would have human-level cognitive abilities within the next two to three years.
SoftBank’s Vision Fund invested in WeWork, an office-sharing company that filed for bankruptcy last year. (Robert Alexander/Getty Images)
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“A golden age of intelligence has arrived. The one who moves fastest will win,” The son reportedly said At the SoftBank World 2024 conference.
