Softbank CEO and Trump to announce $100 billion investment in the United States

President-elect Donald Trump and the founder and CEO of SoftBank Group Corp. Masayoshi Son speaks to the media in the lobby of Trump Tower on December 6, 2016 in New York.

Eduardo Munoz Alvarez AFP | Getty Images

Softbank CEO Masayoshi Son will announce a $100 billion investment in the United States over the next four years during a visit Monday to President-elect Donald Trump's Mar-a-Lago residence in Palm Beach, Florida , sources familiar with the matter told CNBC's. Sara Eisen.

The billionaire investor and founder of the Japanese technology investment firm will also promise in the joint announcement with Trump to create 100,000 jobs focused on artificial intelligence and related infrastructure, the sources said. The money will be deployed before the end of Trump's term.

Funding can come from various sources controlled by Softbank, including the Vision Fund, capital projects or a chipmaker Weapon Steelwhere the firm is the majority owner. Some of the money won't necessarily be newly raised, but could include some already announced funding like Softbank's recent $1.5 billion investment in OpenAI, the tech firm behind chatbot ChatGPT.

Softbank's son and Trump made a similar announcement in 2016 after Trump was first elected president, with the Japanese firm they agreed to invest $50 billion in the United States with the aim of creating 50,000 jobs.

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