May 11, 2026

Top Story

Cowboy Space Raises $275M to Build Rockets for Space Data Centers

Cowboy Space Corporation has secured a massive $275 million funding round to develop rockets aimed at launching data centers into orbit. This ambitious project highlights the growing interest in space-based infrastructure as a solution to data storage and processing challenges on Earth. The investment underscores the potential for space to become a new frontier for data management, driven by the need for faster and more secure data handling capabilities.

💰 Funding

New Funding Rounds

Industry Moves

Korea's largest manufacturers, including Samsung, Hyundai, and LG, have invested in Config, a startup aiming to become the 'TSMC of robot data.' This move signals a strong commitment to advancing robotics and data infrastructure in South Korea.

Notable Takes

Anthropic has attributed negative portrayals of AI in fiction to influencing its AI model Claude's behavior, sparking discussions on the impact of media on AI development. Meanwhile, xAI's partnership with Anthropic has raised eyebrows, with analysts speculating on its implications for SpaceX.