Honestly, there's not a lot else I can think of if your goal is find some practical and profitable way to take advantage of relatively cheap access to near-Earth space. Communication is a big one, but Starlink is already doing that.

One of the things space has going for it is abundant cheap energy in the form of solar power. What can you do with megawatts of power in space though? What would you do with it? People have thought about beaming it back to Earth, but you'd take a big efficiency hit.

AI training needs lots of power, and it's not latency sensitive. That makes it a good candidate for space-based compute.

I'm willing to believe it's the best low-hanging fruit at the moment. You don't need any major technological advances to build a proof-of-concept. Whether it's possible for this to work well enough that it's actually cheaper than an equivalent terrestrial datacenter now or in the near future is something I can't answer.