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82 Meet Giga, a AI Data Center Developer That Has Barely Raised Capital

The Information
Stephanie Palazzolo @ The Information 2 place · today 10:00 EDT

Meet Giga, a AI Data Center Developer That Has Barely Raised Capital

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 more than $270 million in revenue in its lifetime while being almost completely bootstrapped, according to CEO and cofounder Matt Lohstroh. The startup, wh

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