Cowboy Space Corporation, founded by Robinhood cofounder Baiju Bhatt, has raised $275 million at a $2 billion valuation to build 20,000 data centers in orbit. The company aims to leverage constant solar power and integrate data center hardware into rocket upper stages to reduce costs and complexity. Challenges include heat dissipation and ambitious timelines, but Bhatt believes his team can overcome them, targeting a launch by the end of 2028. AI
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IMPACT Accelerates development of orbital infrastructure critical for scaling AI compute demands.
RANK_REASON Significant funding round for a company developing novel AI infrastructure. [lever_c_demoted from significant: ic=1 ai=0.7]