Peter Thiel backs $1bn ocean data centre start-up powered by waves (opens in new tab)

Peter Thiel is leading a $140mn investment in a US start-up that plans to use wave energy to fuel giant fleets of floating data centres, as Silicon Valley’s search for AI power pushes into exotic new frontiers.Panthalassa, which has spent a decade developing its ocean energy technology, uses the bobbing motion of waves to force […] The post Peter Thiel backs $1bn ocean data centre start-up powered by waves appeared first on OODAloop.