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Trump unveils $500bn AI investment by SoftBank, OpenAI and Oracle

Published 1 month ago1 minute read

Artificial intelligence

Softbank Group shares jump 11.6% to high since July in Tokyo market

20250121 Trump and Son

Donald Trump with SoftBank CEO Masayoshi Son at the White House. © Reuters

January 22, 2025 08:18 JST

Updated on January 22, 2025 15:36 JST

NEW YORK -- Japanese tech investor SoftBank Group, along with American companies OpenAI and Oracle, will invest $500 billion in artificial intelligence infrastructure in the U.S., President Donald Trump announced on Tuesday.

"The largest AI infrastructure project by far in history, and it's all taking place here in America," Trump said at the White House.

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Nikkei Asia
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