Hardware
Silicon Valley bets $200M on AI data centers floating in the ocean
Panthalassa, a US startup, is developing floating data centers powered by ocean waves and cooled by seawater to address AI infrastructure's growing energy demands. Peter Thiel led a $140 million inves
Panthalassa, a US startup, is developing floating data centers powered by ocean waves and cooled by seawater to address AI infrastructure's growing energy demands. Peter Thiel led a $140 million investment round in the company , with each Ocean-3 platform harnessing wave energy to produce electricity that operates onboard computing hardware for processing AI workloads, transmitting results back to shore via satellite.
Source: Ars Technica | 2026-05-05