'We're now ready': Peter Thiel-backed company raises $1bn to send data centers out to sea to harness 'tens of terawatts of new capacity potential' in the power of the open ocean

Peter Thiel backs Panthalassa's $140 million round to build floating AI data centers powered by ocean waves, bypassing land-based energy constraints

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 May 8, 2026  0  3
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'We're now ready': Peter Thiel-backed company raises $1bn to send data centers out to sea to harness 'tens of terawatts of new capacity potential' in the power of the open ocean
Peter Thiel backs Panthalassa's $140 million round to build floating AI data centers powered by ocean waves, bypassing land-based energy constraints
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