Alphabet’s Sidewalk Labs strikes deal to turn 800 acres of Toronto into an ‘internet city’
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…
