There aren’t enough rockets for space data centers. Cowboy Space raised $275 million to build them.
Summary
Cowboy Space Corporation, founded by Robinhood co-founder Baiju Bhatt, has raised $275 million in Series B funding to develop its own proprietary rocket program. Faced with a shortage of launch capacity from existing providers like SpaceX and Blue Origin, the company plans to integrate data centers directly into the second stage of its rockets. By focusing specifically on orbital data center infrastructure—which will house hundreds of GPUs—the company aims to address the rising global demand for AI compute power.
(Source:TechCrunch)