Taiwan Semiconductor Manufacturing Co. became the latest tech company to pledge billions of dollars in US investments that President Donald Trump will almost certainly take credit for.

This would be on top of the $15 billion SoftBank has already committed to Stargate. SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company’s executives told banks last week,

SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.

In one of his first actions as president, Donald Trump revoked a sweeping executive order from the Biden era that sought to implement safeguards on artificial intelligence. It was a sign that Trump wants to put his own stamp on how the United States should adopt and develop the fast-moving,

Masayoshi Son’s SoftBank is in discussions to borrow $16 billion to invest in AI and could borrow another $8 billion early next year.