Infrastructure

Restate

2026-09-30 14:43:48

Restate raises $20 million Series A led by Singular

Durable workflow infrastructure startup Restate has raised $20 million in a Series A round, according to Techcrunch. The round was led by Singular, with participation from Redpoint Ventures and Capital One Ventures. Founded in 2022 and headquartered in Berlin, Restate focuses on a multi-step workflow execution engine designed to withstand crashes and network interruptions. The company says its in-house storage, replication, and redundancy layer gives it a fast and lightweight architecture. Restate also said it has recently signed six-figure to seven-figure contracts with several customers, including vibe coding platform Replit and multiple Fortune 500 companies in the financial sector. The new funding will be used to build out its go-to-market team, expand its engineering headcount, and grow its office in the San Francisco Bay Area.

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Soneium

2026-09-30 14:23:05

Soneium adopts OP Enterprise managed service with operational support from Optimism

Soneium has adopted OP Enterprise, the managed service offering announced by Optimism. Under the arrangement, the Optimism Foundation and OP Labs will handle chain deployment, sequencer and node infrastructure operations, monitoring, incident response, and upgrade support for the network. The service agreement sets a monthly uptime target of 99.9% and includes 24/7 emergency response coverage. Despite the operational handoff, Soneium will retain ownership of the chain and control over its development roadmap. The team said it will continue building around tokenized IP and onchain entertainment use cases, including onchain royalty distribution and AI-native IP tools. Optimism also made clear that the collaboration does not involve launching a new chain or adding new cross-chain functionality.

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Broadridge

2026-09-29 09:30:44

Broadridge, Korea Securities Depository sign MOU on proxy voting upgrade

Broadridge and the Korea Securities Depository, or KSD, have signed a memorandum of understanding to work together on modernizing South Korea’s proxy voting infrastructure. The announcement was carried by Techub News, which cited Finextra’s crypto channel as the source. The brief statement did not disclose financial terms, a timeline, or technical details of the planned upgrade. What was disclosed is the core scope of the agreement: the two sides will jointly pursue modernization and infrastructure improvements tied to proxy voting in South Korea. Broadridge was identified as a global fintech company, while KSD was named as the local securities depository involved in the partnership.

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Bain & Compan

2026-09-29 05:25:20

Bain says AI needs $6 trillion in annual revenue by 2031 to justify data center buildout

Bain & Company said in its annual global technology report that the AI industry would need to generate $6 trillion in annual revenue by 2031 for the current wave of data center construction to make financial sense. The report estimates that existing consumer and enterprise AI services can contribute no more than $1.8 trillion, leaving a $4.2 trillion gap that would have to come from applications and business models that do not yet exist. Bain said infrastructure deployment is moving well ahead of demand, while the cost base keeps rising. It also projected global data center spending could reach $5 trillion to $6.5 trillion by 2030, with at least 150 GW of new capacity added. The report pointed to pressure from chip, accelerator, memory, networking and other component costs, and said the economics of AI infrastructure will depend on whether application-side revenue can scale fast enough.

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Beldex

2026-09-29 05:01:21

Beldex launches $1 million global grants program for privacy apps and infrastructure

Beldex has introduced the Beldex Grants Program, a $1 million funding initiative aimed at developers and teams building privacy-focused applications, tools, and infrastructure. Announced during Korea Blockchain Week 2026 in Seoul, the program is designed as a long-term effort with a rolling application process rather than fixed deadlines, allowing teams to apply based on their actual development progress. The grants pool will not be split into preset allocations. Instead, funding for each project will be assessed individually according to the scope of the proposal and the complexity of its deliverables. Beldex said it is seeking applications in three areas: privacy-preserving applications, infrastructure/research/tooling, and integration/interoperability. Proposals will be reviewed on five criteria, including innovation in privacy architecture, technical feasibility, ecosystem impact, security compliance, and the clarity of project milestones. The company also said grant payments will be released in stages after deliverables are verified, covering phases such as prototype, testing, and mainnet or production deployment where applicable. In addition to funding, selected teams will receive technical support, including access to Beldex SDKs, wallet extension integration guides, and priority assistance from maintainers of core repositories on GitHub.

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Solana

2026-09-27 15:30:46

Solana Foundation launches $500,000 grant program for ecosystem projects

The Solana Foundation said on X that it has launched a new grant program for ecosystem projects with a total allocation of $500,000. The initiative is aimed at supporting innovative teams building on the Solana blockchain. Areas covered by the program include decentralized finance, infrastructure and developer tools. The foundation said applications for the grants will open soon, while additional details will be released through its official channels. The announcement outlines the scope and funding size of the program, but does not yet include a specific application timeline or further eligibility requirements.

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TRON

2026-09-26 07:56:48

Justin Sun says BTT will focus on decentralized storage and AI computing

TRON founder Justin Sun said in a post on X that BTT will focus on decentralized storage and AI computing going forward. He said BitTorrent File System, or BTFS, the decentralized storage network tied to BTT, already has more than 20 million nodes. Sun also said the next step is to integrate AI computing resources and upgrade BTFS into decentralized AI infrastructure. The remarks outline the areas Sun says will be central to BTT’s future development, with storage and compute placed at the center of that plan. The post was published on X and cited by Techub News.

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AI

2026-09-26 06:59:14

Columbia Business School report says AI data centers need $3.7 trillion in revenue to justify spending

A report from Columbia Business School says the economics behind artificial intelligence infrastructure carry unusually large revenue demands. According to the report, that scale highlights potential systemic risk and points to a broader economic transition tied to the buildout of AI capacity. The study says AI data centers would need to generate a combined $3.7 trillion in revenue to support their heavy capital expenditure commitments. It also argues that the sector must deliver rapid growth while adapting to infrastructure requirements. The report was cited by Crypto Briefing and relayed by Techub News.

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