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Panthalassa Gets $140 Mn From Palantir’s Thiel for Wave-Powered AI

Oregon-based renewable energy startup Panthalassa has secured $140 million in Series B funding led by billionaire investor and Palantir co-founder Peter Thiel to accelerate the development of wave-powered offshore AI infrastructure. The company plans to use the investment to scale its Ocean-3 floating data center systems that generate electricity from ocean waves while supporting artificial intelligence computing operations. Panthalassa’s floati…
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Impact Alpha broke the news on Wednesday, May 6, 2026.
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