Japan's SoftBank to invest $100 billion in US projects over 4 years

PALM BEACH, Florida: Japanese technology giant SoftBank has announced plans to invest US$100 billion in U.S. projects over the next four years, marking one of the largest commitments of its kind.

The announcement was made on December 16 at President-elect Donald Trump's Mar-a-Lago resort, where SoftBank CEO Masayoshi Son appeared alongside Trump and Howard Lutnick, head of investment bank Cantor Fitzgerald.