| Notes |
Neither Mr. Doctoroff nor Google would say how much Google intended to invest in Sidewalk Labs, but it could be sizable eventually. A model for Sidewalk Labs, they said, is Calico, a company backed by Google, established in 2013 and run by Arthur D. Levinson, a former Genentech chief executive. Last September, Calico and AbbVie, a pharmaceutical company, announced that they would build a research center in the San Francisco Bay Area for diseases that affect the elderly, like dementia, with an initial investment, split evenly, of $500 million. |