The Tokyo-based company confirmed its donation was made two months before the Trump administration approved its Ohio-based data center, expected to be the largest in the world.
Posted by Freewhale98
The Tokyo-based company confirmed its donation was made two months before the Trump administration approved its Ohio-based data center, expected to be the largest in the world.
Posted by Freewhale98
1 Comment
1. Summary
The Japanese tech giant SoftBank Group gave $50 million to Donald Trump’s presidential library in January 2026, two months before the Trump administration approved a federal land lease that will allow the firm to build what could become the world’s largest artificial intelligence data center.
The company confirmed the timing of its donation in a written response to Sens. Elizabeth Warren, D-Mass., and Richard Blumenthal, D-Conn., and Rep. Melanie Stansbury, D-N.M.
The White House referred questions to the Donald J. Trump Presidential Library Foundation, which did not respond to a request for comment. SoftBank and the U.S. Energy Department also did not respond.
2. How is this relative to the sub
(1) The rise of extractive institutions in the U.S.: The trend of the powerful ruling family getting a cut in every business dealings related to the government in the U.S.
3. My opinion
This trend is not just foreign companies acting corrupt by paying Trump. There is a systemic cultural shift in how businesses operate in the U.S. The businesses now have to pay “entrance fee” to the ruling family get the government favors and market access. The extractive institutions have arrived to the U.S.