Space and Time Launches Enterprise Platform for Verifiable AI Queries on Private Data
Space and Time, a project backed by Microsoft's M12 venture arm, launched Space and Time Enterprise on Monday, a product that lets companies prove calculations on private data are correct without exposing the records. Launch partners include Maple Finance, Indomobil, Trenez and The Data Foundation, and the product runs without a blockchain on standard servers.
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What Was Announced
Space and Time, a data project whose development is led by MakeInfinite Labs, launched Space and Time Enterprise on Monday. The product lets businesses use private records in AI tools while keeping the underlying data out of reach, by attaching a cryptographic proof to the result of each SQL query so that anyone can verify the calculation was performed correctly.
Launch partners named by the company include onchain asset manager Maple Finance, Indonesian vehicle maker and distributor Indomobil, Oracle software consultancy Trenez and AI data network The Data Foundation. Nate Holiday, CEO of MakeInfinite Labs, said customers in construction, engineering and manufacturing want to rebuild their systems around AI so that agents, reporting tools and compliance teams work from the same business records.
The Technology and Deployment Model
The platform is built on Proof of SQL, Space and Time's patented technology, which uses zero-knowledge proofs to show a database query was computed correctly. Coverage differs on the infrastructure requirements. Decrypt reports the product already works with Google Cloud's BigQuery and can run on a company's own servers without operating a blockchain, buying specialized hardware or using an outside proving service. Crypto Briefing describes it as running on ordinary laptops and servers with no GPUs or blockchain-specific hardware required. Holiday told Decrypt that GPU acceleration can prove queries over millions of rows in under a second, while noting that performance depends on the query, hardware and dataset.
Both outlets stress a limit of the technology. A proof shows that a calculation was carried out correctly on a given set of records, but it cannot confirm those records were accurate. Holiday said incorrect entries still have to be caught through a business's own data controls, with verification providing evidence of which data was used and whether it was processed correctly.
Background and Funding
Space and Time raised $20 million in 2022 in a round led by M12, Microsoft's venture fund. Decrypt also lists a 2024 Grayscale trust giving investors exposure to SXT, the token that powers the SXT Chain network, and an AI-powered no-code tool called Dreamspace built with Microsoft's Azure AI services. Holiday said Microsoft's Nova project includes Blitzar, the company's cryptographic acceleration library, and that its Dory commitment scheme contributed to a16z crypto's Jolt proof system.
The sources differ on the chain's status and roadmap. Crypto Briefing says SXT Chain launched its mainnet in May 2025 and lists a mainnet v2 expected by late 2025, designed to better secure offchain data for tokenized finance, along with deeper integration with Microsoft Fabric. Decrypt does not give a mainnet date. Crypto Briefing also names partnerships with Circle and Coinbase, which Decrypt does not mention, and reports 34,000 newsletter readers as a promotional figure rather than a verified metric, so it is not treated as a fact here.
What the Token Connection Looks Like
Holiday told Decrypt that enterprises can deploy the product in their own environments, and that the SXT network comes into play when their applications need to connect to onchain markets, with those workloads paid for through Space and Time. Neither source quantifies how much enterprise activity would feed demand for SXT. Crypto Briefing states the token's stated utility covers staking, payments and access control within SXT Chain, and notes that an enterprise product running without a blockchain may widen the brand's reach without settling how much of that activity flows back to the token.
Open Questions
The announcement leaves several items unresolved. Neither source reports pricing, contract values, or the number of paying enterprise customers, and the partner list is described as launch partners rather than confirmed production deployments. The competitive landscape for verifiable computation is also not detailed in either piece, and the proof's value depends on whether auditors and downstream applications adopt it as a standard for checking results.
Why It Matters
For Traders
SXT demand from enterprise use is undefined in both reports, so the launch alone gives no near-term signal for token flows.
For Investors
Running without a blockchain lowers adoption friction and could broaden the project's customer base beyond crypto-native users, though revenue remains unquantified.
For Builders
Proof-based query verification that runs on standard servers gives teams a way to add auditable AI data access without adopting a new chain stack.
This article is for information only and is not financial advice. Read the full disclaimer.
