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(VOR News) – In the next four years, Softbank (SFTBY +0.88%), a Japanese investment giant, intends to invest a total of one hundred billion dollars in the United States.

“The decision was made out of optimism about the administration that would be led by President-elect Donald Trump,” stated the chairman of the company.

The infrastructure that is associated with artificial intelligence will be the primary focus of the investments, as reported by CNBC. This infrastructure encompasses the production of semiconductor processors and data centres that contain equipment that is pertinent to artificial intelligence.

In order to achieve the objective of generating one hundred thousand new employment, the funds will be invested before the conclusion of Trump’s second term as president.

Softbank’s Vision Fund, capital projects, and Arm Holdings may have contributed.

Furthermore, there is a possibility that the funding is not newly raised and may include investments that have been disclosed in the past, such as the company’s $1.5 billion investment in OpenAI.

Masayoshi Son has become a fervent advocate for artificial intelligence (AI) in his capacity as Chief Executive Officer of Softbank. He has even gone so far as to seek investment advice from ChatGPT, which is a component of OpenAI.

He has likened those who are sceptic of the technology to goldfish that will be “left behind.” According to a report published by The Financial Times in May, Softbank was reportedly prepared to allocate up to $9 billion annually to artificial intelligence initiatives.

During the same month, Wayve, a company that specialises in autonomous vehicles, received one billion dollars in funding. It served as the impetus for this funding round.

While holding a press conference with the incoming president at his Mar-a-Lago estate, Son made the following statement: “I would really like to celebrate the great victory of President Trump, and my confidence level in the economy of the United States has tremendously increased with his victory.”

“I would really like to also celebrate the fact that President Trump has won the election.” “I would particularly like to celebrate the fact that President Trump has won the election.”

During the press conference, Trump enquired of Son whether he would “make it $200 billion.” Son responded with mirth and stated that “he is an exceptional negotiator.” Son responded to Trump’s inquiry.

Softbank’s 2016 announcement that it would invest $50 billion in the United States and generate 50,000 new employment would be followed by the $100 billion investment.

Softbank proclaimed this intention.

During that time, Trump asserted that the agreement would not have been reached if his Democratic opponent had been effective in winning the presidential election.

While serving as the keynote speaker at the groundbreaking ceremony for a new Foxconn facility in Wisconsin in June 2018, President Trump made the following statement. He stated that Softbank has invested a total of $72 billion thus far.

In December 2019, Softbank reported to Forbes that the Vision Fund and other vehicles have contributed $47 billion to the economy of the United States by investing in dozens of businesses, including DoorDash (DASH +2.08%), more than a year later. Softbank disclosed this information.

WeWork, a co-working venture, was the recipient of nearly half of its investments at the time. In 2023, the company filed for protection under Chapter 11 of the United States Bankruptcy Code after an unsuccessful public launch.

WeWork’s initial public offering was unsuccessful. WeWork’s value had plummeted from $47 billion to a mere $45 million prior to its filing for Chapter 11 bankruptcy protection. At the commencement of this year, the organisation successfully avoided bankruptcy.

SOURCE: QZ

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(VOR News) – As a matter of fact, Bitcoin is about to become a phenomenon that will be remembered for the rest of time; this is something that is almost certain to happen! Just ten days ago, on December 5, 2024, it hit its all-time high of $103,679, and it is presently trading at $101,935.76, 1.4% below that level.

December 12, 2024, was the date of the previous peak. On December 12, 2024, yesterday, the previous high was reached. On December 12, 2024, yesterday, the previous peak was reached.

Yesterday, December 12, 2024, marked the achievement of the previous peak.

Yesterday was the day before yesterday. The prior peak was reached on December 12, 2024. Yesterday, this peak was attained. It was yesterday, or the day before yesterday, to put it another way.

This specific day, December 5, 2024, was the day that the previously mentioned peak was reached. The day that produced a successful result was this particular one.

Bitcoin will be able to do so until it is able to reaffirm its place in the cryptocurrency industry, which is constantly growing and changing because of its constant evolution. If Bitcoin is able to reach that level on its current trajectory, then it will be able to do so. That being said, this will only be possible if it can continue to grow and advance past this point. It will then be seen as feasible.

To put this into perspective, the market capitalisation is currently at an incredible $2.01 trillion, and it has been twenty-four hours since the trading volume reached an incredible $38.57 billion.

These two numbers are astounding. It is impossible to exaggerate how completely astounding these two figures are.

The degree of interest in the digital currency is constantly growing, and Bitcoin is currently one of the topics that is being talked the most globally. In addition to being one of the most hotly debated subjects, this is also rather evident.

The information provided in this piece has made it very evident that Bitcoin is one of the most talked-about topics, which is a truth that is quite evident from the content. Since Bitcoin is a cryptocurrency, the currency’s existence has led to the emergence of this specific problem.

This is a result of Bitcoin’s status as a cryptocurrency.

In 2013, when Bitcoin first came into being, one Bitcoin was worth $67.81. At the time of its original debut, this was the value of one Bitcoin.

The action being performed in relation to the incident under discussion is being done so in order to give some background information. When comparing pricing during this time period to those during the preceding time period, there has been a notable increase of 150,227.41% in the total cost of the product or service.

This comparison shows that the cost of the good or service has gone up significantly. It is also not entirely impossible for it to go a much greater distance than that, given the information that has been provided thus far.

The excitement, or mood, that permeates cryptocurrency markets is at its peak right now. One of the most potent periods in history is now. Right now, when this atmosphere is at its strongest, is the best moment to benefit from it.

Given that this would be Bitcoin’s second record-breaking accomplishment at a new milestone, the current moment is the most favourable one. This information is being taken into account while we wait for additional information about the situation.

Investors have paused after a moment of thought, a deep breath, and a serious assessment of the heights it would need to go to reach amazing heights at this moment.

They have made the decision to take this action since they have reached this point in their career. Before proceeding with their plan of action, they stopped for a short while, took a few deep breaths, and evaluated the situation. They proceeded with their endeavour after that

SOURCE: CT

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