Billionaires dream of building utopian techno-city in Greenland

A handful of wealthy, politically connected Silicon Valley investors are reportedly eyeing Greenland's icy shores as the site for a techno-utopian "freedom city." That's according to a report from Reuters, which details a proposed effort to establish a new, libertarian-minded municipality characterized by minimal corporate regulation and a focus on accelerating emerging technologies like AI and mini nuclear reactors. Supporters of increased economic development in Greenland argue its frigid climate could naturally cool massive, energy intensive AI data centers. Large deposits of critical and rare earth minerals buried beneath the island's ice sheets could also potentially be used to manufacture consumer electronics. The so-called "start-up city"--which bears similarities to another ongoing venture in California's Solano County--reportedly already has the backing of PayPal founder Peter Thiel and Ken Howery, President Donald Trump's pick for Denmark ambassador.