Cowboy Space Corporation, founded by Baiju Bhatt, develops and operates solar-powered GPU data centers in low Earth orbit to supply compute for AI. The company designs satellites and its own rockets, with plans to integrate data center infrastructure into rocket upper stages. It raised $275 million in a Series B round in May 2026 at a $2 billion valuation, with participation from Index Ventures, Andreessen Horowitz, Breakthrough Energy Ventures, Interlagos, and others. The firm is headquartered in San Carlos, California.