Sources: Panthalassa, which aims to power data centers in the ocean using energy generated by waves, is raising $225M at a ~$2B valuation, up from $1B in May (Julia Hornstein/The Information)

TechmemeAugust 6, 2026en

Julia Hornstein / The Information : Sources: Panthalassa, which aims to power data centers in the ocean using energy generated by waves, is raising $225M at a ~$2B valuation, up from $1B in May — AI data centers need boatloads of power, a need that's set off a flood of investment into startups harnessing nuclear or solar energy to run the servers.

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