Bloomberg Businessweek SoftBank’s Son Pledges $100 Billion US Investment at Trump Event
27 snips
Dec 16, 2024 
Max Chafkin, a Bloomberg Businessweek columnist and co-host of the Elon Inc. podcast, dives into SoftBank's ambitious $100 billion investment plan in the U.S. under President-elect Trump, discussing its implications for tech industries like AI and semiconductors. He also explores the escalating rivalry between Elon Musk and Sam Altman and its potential impact on the tech landscape. Additionally, Chafkin highlights emerging travel trends and consumer behaviors that are reshaping markets in a post-pandemic world.
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Son's Previous Pledge
- Eight years ago, Masayoshi Son visited Trump and pledged $50 billion, generating 50,000 jobs.
- This largely delivered, setting a precedent for their current interaction.
2025 Feuds
- Sam Altman, Elon Musk, Donald Trump, and Jay Powell are among those predicted to be feuding in 2025.
- The upcoming Trump presidency is expected to see more public disputes.
Musk vs. Altman
- Elon Musk and Sam Altman, initially co-founders of OpenAI, are now feuding.
- Musk criticizes OpenAI's shift from nonprofit and competes with it through XAI.
