Alphabet’s Sidewalk Labs strikes deal to turn 800 acres of Toronto into an ‘internet city’
October 17, 2017 | Uncategorized
Sidewalk Labs, the smart city subsidiary of Alphabet with the stated goal of “reimagining cities from the Internet up,” now has a very big sandbox in which to conduct its high-tech experiments. The Google spinoff announced a deal with the city of Toronto to develop 800 acres of waterfront property into its own digital utopia.
Waterfront Toronto, a city agency tasked with overseeing the development along the shore of Lake Ontario, is teaming up with Sidewalk Labs to create a new venture called Sidewalk Toronto. On Tuesday, Canadian Prime Minister Justin Trudeau joined top executives from Alphabet, including executive chairman Eric Schmidt, to announce the deal, which includes a $50 million commitment from Sidewalk Labs for the…
