Around 400 current and former OpenAI employees are set for significant payouts through a stock sale arranged with Japan's SoftBank Group. The tech investment giant plans to purchase up to $1.6 billion in OpenAI shares at $210 per share, valuing the company at $157 billion, according to reports from the US overnight.
Japanese tech investment firm SoftBank will reportedly invest $100 billion in the United States over the next four years. SoftBank CEO Masayoshi Son announced the investment Monday (Dec. 16) at President-elect Donald Trump's Mar-a-Logo residence in Florida and said the money will be deployed by the end of Trump's term, CNBC reported Monday.
Japanese multinational corporation SoftBank will invest $100 billion in the United States over the next four years, CEO Masayoshi Son announced during a joint appearance with President-elect Donald Trump on Monday. Trump said the investment would create 100,000 jobs focused on AI and related infrastructure during his term.
SoftBank CEO Masayoshi Son announced plans to invest $100 billion into U.S. companies during President-elect Donald Trump's upcoming term during an event at Mar-a-Lago on Monday.
On Monday, Softbank CEO Masayoshi Son joined President-elect Donald Trump to announce that his company would invest $100 billion into the US over the next four years.
Trump also promised in his joint appearance with Son that the investment would create 100,000 jobs focused on Ai and related infrastructure, with the money to be deployed before the end of Trump's term.
SoftBank Group will soon announce a multibillion-dollar investment into U.S. projects during President-elect Donald Trump's second time in office, according to multiple outlets, likely in AI jobs—doubling a similar promise SoftBank's CEO made in Trump's first term that created mixed results.
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