Panthalassa

Data Center Signal is tracking 4 clips about Panthalassa data center developments across 2 states, including OR, WA.

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Can floating data centres meet AI's huge energy demand?
News ClipNew Scientist·OR

Can floating data centres meet AI's huge energy demand?

Oregon-based startup Panthalassa is developing autonomous floating data centers powered by wave energy to meet the growing demands of AI, having recently secured $140 million in funding. These offshore platforms aim to bypass traditional grids and offer carbon-free computing, but experts raise concerns about the harsh marine environment, maintenance challenges, and potential latency issues. The concept, while innovative, faces significant hurdles in proving its economic and operational viability against land-based data centers.

6/20/2026
AI data centers may soon ride ocean waves
News ClipFox News·Portland, Multnomah County, OR

AI data centers may soon ride ocean waves

Panthalassa has secured $140 million in funding to develop autonomous, floating AI computing nodes powered by ocean waves and cooled by seawater. The company plans a pilot manufacturing facility near Portland, Oregon, and aims to deploy its Ocean-3 pilot node series in the northern Pacific Ocean by 2026. This initiative seeks to address the high electricity and cooling demands of AI data centers by shifting operations to sea.

5/15/2026
Panthalassa secures $200M for floating AI data centers, pilot facility near Portland
News ClipNew York Post·Portland, Multnomah County, OR

Panthalassa secures $200M for floating AI data centers, pilot facility near Portland

Panthalassa, a startup backed by Peter Thiel, is developing floating AI data centers powered by ocean waves. This approach aims to circumvent the challenges of land-based server farms by generating electricity on-site and using ocean water for cooling. A pilot manufacturing facility is being built near Portland, Oregon, and a prototype was tested off Washington state.

5/7/2026
Using the ocean to power data centers
News ClipCBS News·Vancouver, Clark County, WA

Using the ocean to power data centers

Panthalassa, a company based in Vancouver, Wash., is developing sea-based data centers powered by wave energy. This innovative solution aims to address the massive energy consumption and carbon pollution associated with land-based AI data centers. The company expects its Ocean-3 systems to be operating off-shore by August, offering a cleaner and more scalable alternative.

4/19/2026