According to reports, Masayoshi Sun, CEO of Tokyo-based SoftBank Group, is finalizing the details of a plan after months of discussions with White House and Department of Commerce officials. According to the plan, he may raise hundreds of billions of dollars to build Trump industrial parks across the US. According to people familiar with the matter, these facilities will mainly be built on federal land, use funds promised by the Japanese government under a recent trade agreement, and will produce components for AI infrastructure. These funds are likely to start flowing in as early as 2026. According to people familiar with the matter, US President Trump has expressed theoretical support for Sun Zhengyi's plan, and discussions between SoftBank and the US government are continuing. White House spokesman Kush Desai said in a statement: “President Trump's relationships with business leaders from all walks of life and regions are playing a key role in securing trillions of dollars in investments that are helping to shape America's next golden age.” Details are still changing, but the current plan requires SoftBank to help promote the construction of factory clusters, produce optical fiber cables, data center equipment, and eventually produce AI chips. Japanese technology companies will provide most of the expertise to these new businesses, and once completed, these facilities will be owned by the federal government.

Zhitongcaijing · 23h ago
According to reports, Masayoshi Sun, CEO of Tokyo-based SoftBank Group, is finalizing the details of a plan after months of discussions with White House and Department of Commerce officials. According to the plan, he may raise hundreds of billions of dollars to build Trump industrial parks across the US. According to people familiar with the matter, these facilities will mainly be built on federal land, use funds promised by the Japanese government under a recent trade agreement, and will produce components for AI infrastructure. These funds are likely to start flowing in as early as 2026. According to people familiar with the matter, US President Trump has expressed theoretical support for Sun Zhengyi's plan, and discussions between SoftBank and the US government are continuing. White House spokesman Kush Desai said in a statement: “President Trump's relationships with business leaders from all walks of life and regions are playing a key role in securing trillions of dollars in investments that are helping to shape America's next golden age.” Details are still changing, but the current plan requires SoftBank to help promote the construction of factory clusters, produce optical fiber cables, data center equipment, and eventually produce AI chips. Japanese technology companies will provide most of the expertise to these new businesses, and once completed, these facilities will be owned by the federal government.