Masayoshi Son, the founder and CEO of SoftBank Group Corp., recently announced a commitment to invest $100 billion in U.S. projects over the next four years during an appearance at Mar-a-Lago with President-elect Donald Trump.

This substantial investment is primarily aimed at developing artificial intelligence infrastructure, although specific spending plans have yet to be disclosed.

Trump highlighted that this investment could potentially create 100,000 jobs, doubling the initial promise made in 2016 when Son pledged $50 billion.

However, the actual job creation from SoftBank's previous investment during Trump's first term remains uncertain, especially in the wake of the COVID-19 pandemic.

Japanese officials have welcomed Son's new investment initiative, viewing it as a positive step towards strengthening economic ties between Japan and the U.S.

There are indications that Son may consider increasing the investment target to $200 billion, a suggestion that Trump made jokingly.

Currently, Son is focusing on creating a chip to compete with Nvidia Corp., aiming to capture a share of the massive spending on artificial intelligence hardware.

SoftBank's Vision Funds have significant investments in major firms such as T-Mobile, Nvidia, and Uber, and have recently returned to profitability after facing challenges.

Despite his bold investment strategies, Son has faced setbacks, including an $18.5 billion loss from the WeWork investment and other failed ventures.

Son believes that artificial intelligence will surpass human intelligence within a decade, which will significantly impact various industries.

Since its founding in the 1980s, SoftBank has diversified from telecommunications into renewable energy and technology, making significant investments in startups and established companies like Alibaba and Arm.

Recently, SoftBank has seen success with rising valuations in companies such as Coupang and ByteDance, the parent company of TikTok.