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Ideas to Invoices

Jan 7, 2021

Joe Lonsdale wants to build an experimental tech Beta City on the outskirts of Austin with transportation tunnels, autonomous vehicles, robots, flying drones, smart buildings, and all the latest technology applications.

Lonsdale is an entrepreneur, investor, and philanthropist, who recently moved 8VC, his investment firm, and The Cicero Institute, a public policy think tank, to Austin from San Francisco.

The project would rival Neom, the revolutionary $500 billion new city that Saudi Arabian Crown Prince Mohammed bin Salman is building in the desert bordering the Red Sea. That project is slated to be complete by 2025 and will include drones, robots, artificial rain, holographic teachers and more, according to plans obtained and reported on by the Wall Street Journal.

Lonsdale, the Co-Founder of Palantir, Addepar, OpenGov, Affinity, Esper, is also on the board of The Boring Company, founded by Elon Musk. The Boring Company recently bought a building in Pflugerville, according to the Austin American Statesman. Lonsdale plans to help solve Austin’s transportation problems using technology and tunnels built by The Boring Company.

Lonsdale plans to do that project and the Beta City with a little help from his friends, which include Musk, who recently moved to Texas.