Silicon Valley bets on floating AI data centers powered by ocean waves
Panthalassa aims to test floating AI computing nodes in the Pacific in 2026.
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Panthalassa aims to test floating AI computing nodes in the Pacific in 2026.
Insider Brief PRESS RELEASE—Panthalassa, a renewable energy and ocean technology company, has announced $140 million in Series B financing led by Peter Thiel, with participation from new investors John Doerr, Marc Benioff’s TIME Ventures, Max Levchin’s SciFi Ventures, Susquehanna Sustainable Investments, Hanwha Asset Management (USA)’s venture fund, Anthony Pratt, Fortescue Ventures, Future Positive, WTI, Nimble […]
US tech billionaire leads $140mn investment into Panthalassa as search for AI power pushes into exotic new frontiers