Peter Thiel is leading investment in an ocean data center powered by waves—and the startup is reportedly worth $1 billion

AI data centers may soon ride ocean waves

Artificial intelligence (AI) already shows up in your phone, your searches and plenty of apps you use every day. Now, some Silicon Valley investors are betting the machines behind those AI answers could one day run at sea.A company called Panthalassa has raised $140 million in new funding to develop and deploy autonomous, floating AI computing nodes powered by ocean waves. The Series B round brings Panthalassa's total funding to $210 million, a …

Peter Thiel is leading investment in an ocean data center powered by waves—and the startup is reportedly worth $1 billion

As hyperscalers like Alphabet look to the skies as the next frontier of data centers, Peter Thiel is looking to the seas.  Panthalassa, a U.S.-based start up betting on ocean waves to power a fleet of floating data centers, announced $140 million in funding earlier this month led by Thiel. The funding pushes Panthalassa’s valuation close to $1 billion, the Financial Times reported, citing a person familiar with the terms of the deal. Panthalassa…