.Nscale Locks $3.5 Billion Figure Robotics Compute Deal  ·Qatar’s Meeza Lands Major Hyperscaler Deal for 8MW ·Qualcomm Strikes Amazon AI Chip Deal, Opens Door to $4 Billion Stock ·Hitachi Energy Bets $300M on China Grid Manufacturing Corvex Builds Toward 8MW Cloud Infrastructure Footprint LITEON Bets $176 Million on DCX Liquid Cooling EdgeConneX Backs Singapore’s AI-Ready Tropical Data Center Testbed
.Nscale Locks $3.5 Billion Figure Robotics Compute Deal  ·Qatar’s Meeza Lands Major Hyperscaler Deal for 8MW ·Qualcomm Strikes Amazon AI Chip Deal, Opens Door to $4 Billion Stock ·Hitachi Energy Bets $300M on China Grid Manufacturing Corvex Builds Toward 8MW Cloud Infrastructure Footprint LITEON Bets $176 Million on DCX Liquid Cooling EdgeConneX Backs Singapore’s AI-Ready Tropical Data Center Testbed
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Peter Thiel Bets $140 Million on AI Data Centers at Sea

Oregon-based Panthalassa announced a $140 million Series B on May 4, led by Peter Thiel’s Founders Fund, to build wave-powered

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Oregon-based Panthalassa announced a $140 million Series B on May 4, led by Peter Thiel’s Founders Fund, to build wave-powered AI data centers operating at sea. The round included participation from John Doerr, Marc Benioff’s TIME Ventures, Max Levchin’s SciFi Ventures, Hanwha Group, Supermicro, and Susquehanna Sustainable Investments among others, bringing Panthalassa’s total funding to $210 million. The company pairs wave energy generated by massive floating orbs with on-site AI compute, using cold ocean water to cool hardware and low-Earth-orbit satellites to transmit data. Panthalassa’s approach eliminates the need to move electricity from ocean to shore, instead running already-trained AI inference models directly at the energy source.

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