Meet Giga, a AI Data Center Developer That Has Barely Raised Capital
The Information
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Generative AI
Startups developing data centers to power AI are among the most capital-hungry businesses around right now. Many are raising billions of dollars in equity and debt to build complicated facilities. There are few like Houston-based Giga Energy, however. Founded in 2019 by two Texas A&M juniors studying finance and industrial distribution, Giga has generated than $270M in revenue in its lifetime while being almost completely bootstrapped, according to CEO and cofounder Matt Lohstroh.