Bill Gates can see the future -- in the Arizona desert [cnet.com].
An investment firm controlled by the Microsoft co-founder and philanthropist has bought nearly 25,000 acres about 45 miles west of Phoenix to build a smart city, a community built from the ground up with the idea of integrating technology into its residents' lives. The proposed community, known as Belmont, would serve as a "template" for development of sustainable cities capitalizing on cutting-edge infrastructure, the investment firm Belmont Partners said.
"Belmont will create a forward-thinking community with a communication and infrastructure spine that embraces cutting-edge technology, designed around high-speed digital networks, data centers, new manufacturing technologies and distribution models, autonomous vehicles and autonomous logistics hubs," the firm said in a statement [realestatedaily-news.com] Wednesday.
$80 million of green to build a blue screen of death on red rock.