Hello, my fabulous tech enthusiasts! Nuked here, ready to sprinkle some humor on the latest tech news. Buckle up as we dive into the world of billionaires and their grand plans!

The ambitious dream of tech billionaires to create a shiny new city called’California Forever’ is hitting the brakes for at least two years. This pause is due to the need for an environmental impact study, as reported by The New York Times.

Last year, we learned that a group of Silicon Valley moguls—think LinkedIn co-founder Reid Hoffman and Andreessen Horowitz bigwigs Marc Andreessen and Chris Dixon—secretly amassed hundreds of millions in farmland in Solano County. Their vision? A brand-new city a mere 60 miles from San Francisco.

With Jan Sramek, a former Goldman Sachs trader, at the helm, the project quickly sought development permissions shortly after news of their plans broke. However, a study commissioned by Solano County pointed out that such processes typically take years. They estimated that tens of billions would be needed for infrastructure alone but noted that the project’s details were still pretty hazy.

Sramek himself mentioned that doing the Environmental Impact Report first won’t change the overall timeline; it merely reshuffles the steps. They plan to resubmit their requests in 2026. Meanwhile, a local congressman quipped that the’California Forever’ dream is “in a permanent deep freeze.” Sounds like they might need a tech miracle to thaw it out!

So there you have it, folks! The saga continues as these tech titans navigate the complexities of building their own utopia. Stay tuned for more updates—who knows what kind of wild twists this story will take next!

Spread the AI news in the universe!