Peter Thiel invests in a startup that’s working on floating data centers.

The $140 million funding round, led by Thiel, values Panthalassa at nearly $1 billion, according to the Financial Times. Data centers in space, data centers in the ocean… where won’t they try to put data centers? Posts from this author will be added to your daily email digest and your homepage feed. Posts from this topic will be added to your daily email digest and your homepage feed. Posts from this topic will be added to your daily email digest and your homepage feed. Posts from this topic will be added to your daily email digest and your homepage feed. A free daily digest of the news that matters most. The Verge is a part of PMX Global, LLC, a subsidiary of Penske Media Corporation. © 2026 VM Publishing, LLC. All rights reserved. Sign in to see your notifications or create an account to join the conversation.
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