Source: Gelonghui
The threshold of Trump's estate has been "trampled".
As Trump is about to take office, the tech giants are eager to offer their gifts to please him.
Currently, the threshold of Mar-a-Lago is almost about to be trampled.
Whether the next four years can be well spent depends on how much everyone is willing to invest time and money.
Masayoshi Son expresses loyalty.
On Monday, Trump made a significant announcement at his Mar-a-Lago estate: Japan Technology giant. $SoftBank Group (9984.JP)$ An investment of 100 billion dollars will be made in the USA.
Why spend so much money? SoftBank CEO Masayoshi Son sincerely said it is because he was elected president by Trump.
"I very much want to celebrate President Trump's great victory. His victory greatly enhanced my confidence in the economy of the USA. Therefore, I am very happy to invest this 100 billion USD and create 0.1 million jobs in the USA."
It is reported that this money will be deployed before the end of Trump's term.
During the Trump 2.0 period, the funds will be used to support the infrastructure needed for the AI boom through Energy projects, Datacenters, and chips.
Approximately 0.1 million jobs will be created, but investment details are unclear at this time.
On site, Trump jokingly encouraged Masayoshi Son to double 100 billion to 200 billion.
Masayoshi Son could only laugh and say that Trump is "a great negotiator."
He also reaffirmed the commitment of 100 billion dollars while stating that he will "work hard" to reach 200 billion dollars.
It is worth mentioning that SoftBank currently does not have 100 billion dollars in cash, let alone 200 billion.
According to SoftBank Group's latest Earnings Reports, as of September 30, SoftBank Group has approximately 27 billion dollars in cash on its balance sheet.
The company's Vision Fund 2 still has 3 billion USD available for deployment.
According to a person familiar with SoftBank's plans, this funding is expected to partly come from its balance sheet, but may also come from chip manufacturers. $Arm Holdings (ARM.US)$。
This is not Masayoshi Son's first attempt to "please" Trump.
As early as 2016, when Trump first became president, Masayoshi Son made a 50 billion investment commitment to Trump.
During this period, SoftBank invested in startups including $Uber Technologies (UBER.US)$ 、$WeWork (WE.US)$and others.
Although WeWork became the biggest blunder in Masayoshi Son's investment history, that is beside the point.
This time, Masayoshi Son directly doubled down, also due to the confidence and motivation brought by the great success in Arm.
Last year, the almost-retired Masayoshi Son made a high-profile announcement to enter the field of AI, and he has been active in this area.
Among them, the chip design company Arm, invested by SoftBank, went public in September last year, and since then its stock price has nearly doubled. With the rise of AI, Arm is expected to play a key role for SoftBank in the emergence of artificial intelligence.
Recently, Silver also invested 0.5 billion dollars in OpenAI, the maker of ChatGPT, and plans to reinvest another 1.5 billion dollars in the company by purchasing employee shares.
The threshold of Trump's estate has been "trampled".
Since Trump won the 2024 USA presidential election, technology giants and unicorns have been rushing into Trump’s estate.
Aside from Masayoshi Son, from $Meta Platforms (META.US)$ to$Amazon (AMZN.US)$Then, in the Technology industry, even billionaires like those from OpenAI are lining up to vow to support Trump with money and effort.
Of course, many of them are also trying to mend relationships with Trump.
It is reported that previously Amazon, Meta, and OpenAI’s Altman had each donated 1 million dollars to Trump’s inauguration committee.
Last week, $Alphabet-A (GOOGL.US)$ / $Alphabet-C (GOOG.US)$ Sundar Pichai and Sergey Brin dined with Trump, followed immediately by the next day. $Apple (AAPL.US)$ Cook also sat at the dining table with Trump, and it's said that Musk was present as well.
Next week, Amazon will also bring his fiancée to Mar-a-Lago to have dinner with Trump...
As the saying goes, "Peaks and valleys, yin and yang, rise and fall, two worlds apart", four years ago Trump was "driven out" of the White House, but now he is set to "make a comeback".
Trump previously stated that since he was elected, people have shown interest in "bringing huge amounts of money here".
In fact, this is also a strong signal that Trump wants to send, indicating that the business community has confidence in Trump's agenda.
Trump's team claims that even before taking office, Trump is already fulfilling the commitment to rebuild the USA as the world's manufacturing superpower.
"Starting from January, Trump will immediately begin implementing bold reforms, ensuring that AI, emerging technologies, and Other future industries create, build, and develop in the USA."
Editor/jadyen