Rust Foundation was established, with founding members including Google, Microsoft, and Huawei

The Rust Core team announced the official establishment of the Rust Foundation with Microsoft, Google, Huawei, AWS, and Mozilla as founding members, and will hold its first board meeting on February 9th, at 4 pm CT.

The Rust Foundation is an independent non-profit organization responsible for managing the Rust programming language and ecosystem, with a special focus on providing support to the maintainers who govern and develop the project. The initial board of directors consists of 10 members, 5 from the founding member companies, and 5 from the project leadership. As the birthplace of the Rust project, Mozilla announced its plan to establish the Rust Foundation in August last year and has now transferred all trademarks and infrastructure assets to the new Rust Foundation.

In the past 10 years, Rust is a popular system programming language that combines low-level control of performance with modern language features. It is syntactically similar to C++, but it can guarantee memory safety. In addition, Rust has successively put forward notable concepts such as “concurrency without data races”, “memory safety without garbage collection”, and ultimately “hack without fear”. In addition, Rust also represents a new, radical, open-source project collaboration method: the decision-making power in the Rust project is only delegated and assigned, and the core team has more privileges.

It is reported that the founding members of the Rust Foundation promised to provide an annual budget of more than one million US dollars within 2 years for the maintenance, development, and promotion of the Rust project.