Silicon Valley startup wants AI data centres in the ocean, Peter Thiel thinks it is a great idea
Published on: May 5, 2026, 1:45 p.m. | Source: India Today
Venture capitalist and PayPal co-founder Peter Thiel is backing a startup called Panthalassa with $140 million. The company plans to build floating, wave-powered AI data centres in the ocean, using energy from ocean waves and seawater cooling to tackle AI’s growing power and heat challenges.
