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Flying cars to become a reality thanks to Larry Page?Alphabet's CEO is personally backing two separate flying-car companies, according to a report.
Is Larry Page building flying cars? A report from Bloomberg says two flying car companies are personally bankrolled by Larry Page, founder of Google and CEO of Google's parent company [UNKNOWN]. The first company is called [UNKNOWN] Arrow which is located near Google's headquarters. Patent filings by via arrow showed it was working on an all elective plane that can land and take off vertically. V arrow's office originally restricted the employees to the first floor while Page held the second floor for himself. The Bloomberg report says the second floor included a treadmill like climbing wall, pricey paintings, and one of Space-X's first rocket engines. Page was not to be referred to by name. Instead he went by the name Gus which stood for Guy Up Stairs. Zee. Aero expanded its operations to an airport hangar where two prototype aircrafts are in testing. Page has poured over $100 million into Zee. Aero. Again, this is Larry Page's personal money being invested not a corporate investment by alphabet. But Page didn't stop there. He built a second flying car company called Kitty Hawk. The report says Kitty Hawk's flying vehicle looks like a big version of a quad copter drone. The two companies are located about half a mile apart but are completely separate. Before we wrap up this Update, we've got our own news. We're happy to announce that Update's own Bridget Carey had a baby girl and she and her family are doing great. Bridget wanted me to tell you, that she thinks all of you for your messages of support. From all of us here, congratulations to the new family. With that, that's it for this tech news update. I'm [UNKNOWN], and you can stay on top of the biggest stories at cnet.com/update. [NOISE]