The new Palo District at the site of the former Fiesta Mall in Mesa will host a so-called AI venture studio.
The business will be a place where startups can pitch an AI product and have it developed with the backers LG Electronics and the venture capital firm NovaWave.
“To be able to figure out: how do you commercialize and make these really great problem-solving ideas into reality?” said Vicki Mayo, CEO of Sunny Day Sports and founder of the Palo District.
The business venture studio is expected to be housed inside the women’s health campus Mayo announced last month. She says she envisions office buildings, mixed-use retail, residential units and a stadium facility there.
But she did not provide details on when some of those plans will come to fruition.
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Court records show the judge in the case has denied the schools’ request for a preliminary injunction, saying they failed to prove the fees would cause them irreparable harm.
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The Mesa Public Schools Governing Board has changed its policy regarding public comments at meetings. The move came after the Goldwater Institute raised First Amendment concerns.
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Two flight schools are suing Mesa in federal court over the city’s implementation of landing fees at Falcon Field airport. The suit alleges the city acted illegally to implement the fees.
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Under Arizona law, it is a misdemeanor to knowingly remove, alter, deface or cover political signs unless you’re an authorized representative for the campaign, private property owner or government.
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Police are continuing to investigate the death of a man with developmental disabilities who was found inside a vehicle parked outside a Mesa adult care facility.