Silicon Valley Bets $200 Million On AI Data Centers Floating In the Ocean

An anonymous reader quotes a report from Ars Technica: Silicon Valley investors such as Palantir co-founder Peter Thiel have bet hundreds of millions of dollars on deploying AI data centers powered by waves in the middle of the world's oceans -- a move that coincides with tech companies facing mounting challenges in building AI data center projects on land. The latest investment round of $140 million is intended to help the company Panthalassa complete a pilot manufacturing facility near Portlan