Austin is one of the seven US city finalists for the Beyond Traffic: Smart City Challenge sponsored by the U.S. Department of Transportation and the Seattle-based group Vulcan Inc. The contest will grant $50 million to the winner of the contest to boost their transportation initiatives for its people. The finalists were officially announced at South by Southwest Saturday, beating 78 U.S. metros which applied and finalists will still get $100,000 to develop their plans. Austin currently has several transportation initiatives developed for the public which includes automated cars, new transportation infrastructure and mass transit that would stop congestion and easier transportation.
Read more about this here: The $50 million question: What will Austin's transit future look like?