President Donald Trump has reportedly made negotiations to bring about $1.73 trillion in investments to the US, along with the creation of approximately 235,000 jobs. The commitments come from major corporations and foreign investors, spanning various industries, including artificial intelligence (AI), data centers, and manufacturing.
Trump, who clocked a month in the Oval Office last Thursday, started securing the funding in December 2024, starting with Japan-based broadband services provider SoftBank.
The US President and SoftBank Group CEO Masayoshi Son announced a $100 billion investment plan during a meeting at the former’s residence, Mar-a-Lago. The four-year-long initiative is expected to generate 100,000 jobs in the US with a focus on artificial intelligence, semiconductor production, and data center infrastructure.
The announcement bears similarities to a previous commitment made by Son during Trump’s first term in December 2016, when he pledged $50 billion in investment and 50,000 jobs. The figure was extrapolated to $75 billion through SoftBank’s Vision Fund, though the actual number of jobs created was difficult to measure due to the economic impact of the COVID-19 pandemic.
Trump strengthens ties with Arabic-speaking countries
On January 7, as reported by CNBC, Trump revealed a $20 billion investment from Emirati billionaire Hussain Sajwani, the founder of DAMAC Properties. The funds will be purportedly directed toward developing data centers across multiple states, including Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana.
Speaking at Mar-a-Lago, Sajwani, a longtime business associate of Trump, credited the president’s election victory as a decisive factor in his company’s expansion in the US.
“It’s been amazing news for me and my family when Trump was elected in November. We’ve been waiting four years to increase our investment in the US to very large amounts of money,” the billionaire said.
On January 22, Saudi Crown Prince Mohammed bin Salman publicized a commitment to invest $600 billion in the United States over the next four years. The pledge, initially reported by the Saudi Press Agency, was made during a phone conversation with Trump before he spoke to leaders at the Davos World Economic Forum.
The following day, Trump said he would push the Saudi government to increase its commitment to $1 trillion. He framed the request as a “natural step,” given the longstanding relationship between the two countries. “I think they’ll do that because we’ve been very good to them,” Trump said, signaling that discussions for additional Saudi investment were ongoing.
Focusing on AI development
Just three days after he assumed his presidential responsibilities, Trump introduced the Stargate initiative, an investment in AI infrastructure created by a joint venture between OpenAI, SoftBank, and Oracle. Executives from the companies pledged $500 billion during the President’s term to build AI data centers and computing facilities nationwide.
In a press briefing, Oracle’s CTO Larry Ellison revealed that at least 10 data centers were already under construction in Texas, with additional sites planned in other states. Trump said the project could help the US stay ahead in matters of AI development, to fend off competitors like China.
“We have an emergency, we have to get this stuff built,” Trump said. “So they have to produce a lot of electricity. And we’ll make it possible for them to get this production done easily, at their own plants if they want.”
Apple announces $500 billion investment
On February 24, through a press release, Apple pledged to pour $500 billion into the American economy for the period that President Trump will serve. The company said the funds would be directed toward American manufacturing, artificial intelligence, and workforce development.
“We are bullish on the future of American innovation, and we’re proud to build on our long-standing U.S. investments with this $500 billion commitment to our country’s future,” said Apple CEO Tim Cook.
According to Apple’s news release, the investment will fund the construction of a new advanced manufacturing facility in Houston, the expansion of Apple’s US Advanced Manufacturing Fund, and the establishment of a training academy in Michigan to prepare workers for high-tech manufacturing jobs.
The tech company will also invest heavily in AI infrastructure and production facilities, and in Apple TV+ content creation across 20 states.
Apple reportedly paid over $75 billion in US taxes over the past five years, including $19 billion in 2024 alone. It also claims to support approximately 2.9 million jobs across the country through direct employment, supplier partnerships, and software development in the iOS app economy and plans to add 20,000 more jobs in the coming years.
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Source: https://www.cryptopolitan.com/trump-secures-1-73t-investments-235k-jobs/