Bill Gates buys land in Arizona for future Smart City

A real estate investment firm owned by Bill Gates recently bought a giant plot of land in Arizona for $80 million to be developed into a "smart city." Arizona-based Belmont Partners, one of Gates' investment firms, purchased close to 25,000 acres of land in Tonopah, around 50 miles west of Phoenix, to create a "smart city" called Belmont, KPNX reported.

The...

Bill Gates buys land in Arizona for future Smart City

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