Rust Foundation Launches $100M Security Fund
Tech Bytes Team
Published July 6, 2026
Backed by Microsoft, Google, and Amazon, the Rust Foundation has established a massive $100 million fund dedicated to memory-safety initiatives.
The fund will issue grants to developers rewriting critical internet infrastructure (like SSL libraries, DNS servers, and compression tools) from C to Rust.
Action Item
Apply for Rust Foundation grants if your open-source project maintains legacy C/C++ code that is critical to the internet ecosystem.
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