A little less than an hour ago, Bloomberg’s Jennifer Jacobs reported that SoftBank CEO Masayoshi Son was headed to a meeting with President-elect Trump…

…a meeting that apparently resulted in a commitment for the bank to invest $50 billion in the U.S.:

However, it’s not clear if this is anything new:

From Bloomberg:

The Japanese billionaire is in the process of raising a $100 billion investment fund and is interested in putting some of the money into the U.S., the person said. Son made his fortune from investments in Japan and China, but has had a mixed record in the U.S. SoftBank bought control of Sprint in 2013 only to see it lose ground to rivals including T-Mobile US Inc. Son’s attempt to engineer a merger between the No. 3 and No. 4 wireless players was rebuffed by the Obama administration, but a new government may have a different take on communications policy.

And there is already some speculation that Masayoshi Son, who owns Sprint, is trying to curry favor for the proposed merger of Sprint with T-Mobile:

Or maybe it’s for … robots?

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