This startup just raised $140 million to build wave-powered AI data centers at sea
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6 Articles
The Panthalassa project proposes to solve the problem of energy and space shortages on land. A group of Silicon Valley investors, including Palantir co-founder Peter Thiel, has invested $140 million in the development of the startup Panthalassa. The company is developing autonomous floating objects capable of generating electricity from wave motion and performing complex AI calculations directly on board, according to RBC-Ukraine, citing Ars Tec…
This startup just raised $140 million to build wave-powered AI data centers at sea
The basic concept is straightfoward: generate electricity from waves, use it on the spot, and run AI chips with no connection to the grid. Panthalassa builds autonomous platforms it calls nodes, tall steel structures that sit mostly below the surface and rise and fall with the motion of the sea.Read Entire Article
Silicon Valley Bets $200 Million On AI Data Centers Floating In the Ocean
An anonymous reader quotes a report from Ars Technica: Silicon Valley investors such as Palantir co-founder Peter Thiel have bet hundreds of millions of dollars on deploying AI data centers powered by waves in the middle of the world's oceans -- a move that coincides with tech companies facing mount...
The start-up Panthalassa wants to build floating data centers in remote regions
Panthalassa Raises $140 Million to Power AI at Sea
Panthalassa, a renewable energy and ocean technology company, 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 Partners, Super Micro Computer, […] The post Panthalassa Raises $…
Palantir co-founder Peter Thiel backs $140M wave-powered AI data center startup — Panthalassa aims to run offshore compute nodes using ocean energy
Panthalassa raises $140M to build wave-powered offshore nodes that generate electricity and run AI workloads at sea, tackling data center energy and cooling challenges.
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