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Palantir co-founder Peter Thiel backs $140M wave-powered AI data center startup — Panthalassa aims to run offshore…

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(Image credit: Pathanlassa) An official press release yesterday confirmed a $140 million investment to power AI data centers at sea. The funding goes to Pathanlassa — a renewable energy and ocean technology company — and was raised in a Series B financing led by avid investor and former PayPal CEO and Palantir co-founder Peter Thiel, alongside several other investors. The Portland-based start-up said it would use the funding to complete its pilot manufacturing facility in Oregon for its Ocean-3 series nodes — an autonomous platform that will house and power data centers for AI inference computing at sea, using electricity generated from ocean waves. Article continues below Panthalassa’s solution is an autonomous, fully integrated system called a node that houses both AI infrastructure and power-generating hardware in a single offshore unit. Each lollipop-shaped node consists of a buoyant spherical head connected to a long, submerged vertical tube and structural frame.…

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