Bill Gates just bought 25,000 acres in Arizona to build a new ‘smart city’

November 13, 2017
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Bill Gates has committed $80 million through one of his investment firms, Belmont Partners, to build a “smart city” in Arizona.
The city will integrate high-speed internet, smarter manufacturing, and systems that accommodate self-driving cars.
As more people move into cities, such technologies are poised to become more necessary.

Billionaire philanthropist Bill Gates has purchased nearly 25,000 acres of land in southwestern Arizona for the construction of a brand-new “smart city,” KPNX reports.

Through one of his investment firms, Belmont Partners, Gates has committed $80 million to build a community composed of offices, stores, schools, and homes. The community will be known as …read more

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