PANews reported on August 27 that according to Fortune, Space and Time, a startup backed by Microsoft, has completed a $20 million Series A financing round, led by Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital. The company focuses on combining blockchain technology with artificial intelligence to ensure the verifiability and transparency of AI-generated content. Space and Time previously received $20 million in financing led by Microsoft's M12 Ventures in September 2022. This financing will further promote its technological development and enable it to take a leading position in the field of AI and blockchain integration.