Bill Gates Pledges $80 Million USD to Build a Smart City

25,000 acres of data centers, high-speed networks, and self-driving cars.

By //Tech

Microsoft’s co-founder and former CEO has declared he’s building a smart city outside Phoenix, Arizona. Bill Gates intends to place $80 million USD into its development, which is planned to be spread across nearly 25,000 acres of land. His investment firm, Cascade Investment, will spearhead the endeavor.

Once completed, the area will be comparable in square miles and projection population to Tempe. Acres are divided: 470 will be dedicated to public schools; 3,800 acres for industrial, office and retail space, with 80,000 homes residing in the region. The city will have data centers, high-speed networks, self-driving cars, automatic logistics hub and new manufacturing technologies. This futuristic city is designed with the prospects of “transform[ing] a raw, blank slate into a purpose-built edge city built around a flexible infrastructure model.”

There’s no word on how involved Gates will be, so stay tuned as news continues to develop.

In other tech news, Bill recently announced an investment of $1.7 billion USD in U.S. public education.

Read Full Article
Bill GatesCascade Investment

You may also like

Google Pledges $300 Million USD to Fight Fake News
Tech

Google Pledges $300 Million USD to Fight Fake News

And to support journalism.
1,626 Hypes 16 Comments
Kevin Gates Shares Surprise EP, 'Chained to the City'
Music

Kevin Gates Shares Surprise EP, 'Chained to the City'

His first release since getting out of jail.
1,285 Hypes 0 Comments
The World's Wealthiest People Became $1 Trillion USD Richer in 2017
Tech

The World's Wealthiest People Became $1 Trillion USD Richer in 2017

Bezos keeps the top spot.
7,447 Hypes 20 Comments
A $110 Million USD Basquiat Painting Is Coming Back to NYC
Arts

A $110 Million USD Basquiat Painting Is Coming Back to NYC

To be on display at the Brooklyn Museum.
4,443 Hypes 9 Comments


What to Read Next

Ronnie Fieg Made a Special Lab Coat for Daniel Arsham
Fashion

Ronnie Fieg Made a Special Lab Coat for Daniel Arsham

It’s described as “resilient, functional work wear.”

Butter Goods Unveils More Streetwear Gems for Fourth Drop of 2017
Fashion

Butter Goods Unveils More Streetwear Gems for Fourth Drop of 2017

Set against Perth’s urban backdrops.

WACKO MARIA Created a Commemorative DJ Harvey Shirt
Fashion

WACKO MARIA Created a Commemorative DJ Harvey Shirt

Memorializing the artist’s Japanese date.


'The Pirates of Somalia' Trailer Highlights the True Story of the Country's Underworld
Entertainment

'The Pirates of Somalia' Trailer Highlights the True Story of the Country's Underworld

Starring Al Pacino and Evan Peters.

Nintendo & Universal Pictures Want to Make an Animated 'Super Mario Bros.' Movie
Entertainment

Nintendo & Universal Pictures Want to Make an Animated 'Super Mario Bros.' Movie

The project is currently in “early development.”

Converse Wraps the All Star 100 GORE-TEX Hi In "Duck Camo"
Footwear

Converse Wraps the All Star 100 GORE-TEX Hi In "Duck Camo"

Available now at select retailers worldwide.

More ▾