President-elect Donald Trump is soon to be back in office — and grandiose commitments from CEOs sure look poised to return, too.
In a Monday briefing alongside SoftBank CEO Masayoshi Son, Trump announced the company’s commitment to invest $100 billion in US projects during his second term, with the promise of creating 100,000 new jobs. According to Trump, the new investments by SoftBank, a Japanese tech and telecom company, will focus on artificial intelligence and emerging technologies.
If that vow sounds familiar, it’s because Son offered a similar commitment after Trump’s first presidential win in 2016, when Son pledged a $50 billion investment and the creation of 50,000 new jobs. But while SoftBank does seem to have followed through on its investment promise, it’s “unclear” that the jobs followed — a reminder that splashy announcements like Son’s latest should not necessarily be taken as iron-clad guarantees.
Related Coverage
AllSides Picks
Headline Roundup
British Teen's Death Sparks Protests, Split Media Narratives on Race and Policing
June 4th, 2026
Headline Roundup
Trump Names Bill Pulte Acting Intel Director, Media & GOP React in Mixed Fashion
June 3rd, 2026