Bill Gates Invests $80 Million to Build Futuristic City in Arizona

Former Microsoft CEO Bill Gates is investing a ton of money—around $80 million to be exact—in building a “smart city” just outside Phoenix, Arizona. The investment is being made through a group controlled by Gates’ Cascade Investment company.

“The community in Belmont will be designed around high-speed networks, autonomous vehicles, high-speed digital networks, data centers, new manufacturing technologies and autonomous logistics hubs,” according to a recent CNN report.

Interest in building smart cities is apparently on the rise, with companies announcing plans to build in Toronto, Saudi Arabia, Auckland and more.

See Also


Scroll To Top