Microsoft-backed Space and Time targets no-code Web3 apps

Space and Time launched Dreamspace, an AI-powered no-code builder that generates on-chain applications (including smart contract logic) from text prompts. The platform leverages Microsoft Azure AI Foundry and Azure OpenAI and runs on Base to deliver near-instant settlement and fees under one cent. Dreamspace recorded more than 34,000 beta-created apps and is expanding into education programs aimed at 140,000+ students; M12 (Microsoft’s venture fund) previously led a $20m investment in Space and Time in 2022. Market impact: the product highlights Microsoft’s continued influence in AI–Web3 integration and could modestly support MSFT’s narrative around enterprise AI tooling, but the article is informational and does not signal immediate material financial flows or earnings changes.