Peter Thiel is leading investment in a reportedly $1 billion wave-powered ocean data center project
As hyperscalers like Alphabet look to the skies as the following frontier of data facilities, Peter Thiel is trying to the seas. Panthalassa, a US-based begin up betting on ocean waves to energy a fleet of floating data facilities, announced $140 million in funding earlier this month led by Thiel. The funding pushes Panthalassa’s valuation…
