{"id":333267,"date":"2026-05-12T06:49:53","date_gmt":"2026-05-12T01:19:53","guid":{"rendered":"https:\/\/ebiztoday.news\/?p=333267"},"modified":"2026-05-12T06:49:53","modified_gmt":"2026-05-12T01:19:53","slug":"within-the-scramble-to-power-ai-investors-bet-140-million-on-data-centers-at-sea","status":"publish","type":"post","link":"https:\/\/ebiztoday.news\/index.php\/2026\/05\/12\/within-the-scramble-to-power-ai-investors-bet-140-million-on-data-centers-at-sea\/","title":{"rendered":"Within the Scramble to Power AI, Investors Bet $140 Million on Data Centers at Sea"},"content":{"rendered":"<p><\/p>\n<div id=\"content-blocks-60\">\n<p>As AI demand for computing power surges, corporations are searching for brand spanking new ways to fuel data centers. One startup is now proposing floating data centers powered by ocean waves, they usually just raised $140 million to bring the concept to fruition.<\/p>\n<p>Tech corporations are planning to spend roughly <a href=\"https:\/\/about.bnef.com\/insights\/commodities\/ai-data-center-build-advances-at-full-speed-five-things-to-know\/\">$750 billion on data centers<\/a> this yr. However the elephant within the room is determining methods to power these facilities. They\u2019re already straining electrical grids the world over, and the pace of the buildout is much surpassing our ability to bring recent power online.<\/p>\n<p>This energy shortfall is leading tech corporations to take a position in a series of increasingly outlandish fixes from restarting shuttered nuclear reactors to developing novel geothermal energy technology and even launching data centers into space.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>Now, several leading Silicon Valley figures, including Palantir\u2019s Peter Thiel and Salesforce\u2019s Marc Benioff are backing Oregon-based startup Panthalassa. The startup is developing floating data centers that generate their very own electricity from waves. These investors recently joined a $140 million series B round that may allow the corporate to finish a pilot manufacturing facility near Portland and start deploying the most recent generation of its devices, or \u201cnodes.\u201d<\/p>\n<p>&#8220;There are three sources of energy on the planet with tens of terawatts of recent capability potential: solar, nuclear, and the open ocean,&#8221; CEO Garth Sheldon-Coulson said in <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260504552400\/en\/Panthalassa-Raises-%24140-Million-to-Power-AI-at-Sea\">a press release<\/a>. &#8220;We have built a technology platform that operates within the planet&#8217;s most energy-dense wave regions, removed from shore, and turns that resource into reliable clean power.&#8221;<\/p>\n<p>The corporate\u2019s nodes are nearly 300 feet long. A bulbous sphere at the highest floats on the ocean\u2019s surface, and a lengthy tube-like housing beneath holds computer servers. Because the node bobs up and down on the waves, the movement forces water up through a tube right into a pressurized reservoir where it drives a turbine to generate electricity for the chips.<\/p>\n<p>Besides powering the info center with renewable energy, the nodes also use the encircling seawater to chill the chips\u2014a far more sustainable solution in comparison with land-based facilities, which use significant amounts of water and electricity to administer heat.<\/p>\n<p>The information centers transfer information via SpaceX&#8217;s Starlink satellite network. This does away with the necessity for cabling, either for power transmission or networking, and allows the nodes to operate autonomously from anywhere within the ocean. They\u2019re also self-propelling, can navigate to their deployment location, and might stay in position without external help.<\/p>\n<\/div>\n<div id=\"content-blocks-40\">\n<p>The corporate designed the hardware with minimal moving parts, so it may possibly operate for prolonged periods without maintenance\u2014an important factor for operating removed from shore. Panthalassa validated the concept with a three-week trial of their second-generation node Ocean-2 off the coast of Washington state in early 2024.<\/p>\n<p>This isn\u2019t the primary try to harness the facility of waves to generate renewable energy. The corporate\u2019s major innovation is that it skips the complexities of getting power back to shore. &#8220;One in all the important thing insights we had&#8230;was that it&#8217;s extremely essential to make use of the electricity in place,&#8221; Sheldon-Coulson <a href=\"https:\/\/www.ft.com\/content\/711ce313-16fb-4a12-b6be-fbed547c8a39?syn-25a6b1a6=1\">told the <em>Financial Times<\/em><\/a>. &#8220;We&#8217;ll never be transmitting electricity back to shore. That makes us very different from all other ocean energy that is been tried up to now.&#8221;<\/p>\n<p>The newest funding shall be used to finish a pilot manufacturing facility near Portland and deploy Panthalassa\u2019s next-generation Ocean-3 nodes, that are scheduled for testing within the northern Pacific later this yr. The corporate says it\u2019s targeting industrial deployment in 2027.<\/p>\n<p>The approach does face some major hurdles though, Benjamin Lee, a pc architect on the University of Pennsylvania, <a href=\"https:\/\/arstechnica.com\/ai\/2026\/05\/silicon-valley-bets-on-floating-ai-data-centers-powered-by-ocean-waves\/\">told <em>Ars Technica<\/em><\/a>. While counting on satellite communication does away with power transmission headaches, these links have significantly lower bandwidth in comparison with the optical fiber normally used to network data centers. Combined with the potential for signal delays, this might limit how useful they&#8217;re for the heavy AI workloads they\u2019re meant to handle.<\/p>\n<p>Nonetheless, the approach has clear parallels with one other concept that\u2019s seized Silicon Valley\u2014orbital data centers. Quite than using wave energy and ocean water for cooling, these facilities would depend on abundant solar energy and the frigid deep-space vacuum to sit back their chips. But going orbital can be far costlier and more complex, suggesting Panthalassa\u2019s approach could also be a more viable alternative.<\/p>\n<p>The ocean is a cruel mistress though, and deploying and maintaining a fleet of ocean-going data centers won\u2019t be easy. Nonetheless, in the event that they can pull it off, the concept may ease the AI energy crunch.<\/p>\n<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As AI demand for computing power surges, corporations are searching for brand spanking new ways to fuel data centers. One startup is now proposing floating data centers powered by ocean waves, they usually just raised $140 million to bring the concept to fruition. Tech corporations are planning to spend roughly $750 billion on data centers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":333268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[4713,6486,1479,9207,692,3228,10525,2965],"class_list":["post-333267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-bet","tag-centers","tag-data","tag-investors","tag-million","tag-power","tag-scramble","tag-sea"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/333267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=333267"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/333267\/revisions"}],"predecessor-version":[{"id":333270,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/333267\/revisions\/333270"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/333268"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=333267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=333267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=333267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}