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Panthalassa Floating AI Data Centers

Sector: Power Generation (CCGT) • Location: Portland, Oregon, United States

Source: AOL

Project
Under Construction

Panthalassa has raised $140 million in Series B funding to develop and deploy autonomous, floating AI computing nodes powered by ocean waves. These nodes generate electricity from wave motion and use seawater for cooling onboard AI chips. The company plans to complete a pilot manufacturing facility near Portland, Oregon, and deploy its Ocean-3 pilot node series in the northern Pacific Ocean later

Status
Under Construction
Sector
Power Generation (CCGT), Manufacturing (Industrial)
Location
Portland, Oregon, United States of America
Updated
22 Jul 2026
Source
AOL

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The project “Panthalassa Floating AI Data Centers” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Portland, Oregon, United States. Taiyo aggregates data on it from AOL.

Participants

Not available for this record.

Status

Original status

under construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Panthalassa has raised $140 million in Series B funding to develop and deploy autonomous, floating AI computing nodes powered by ocean waves. These nodes generate electricity from wave motion and use seawater for cooling onboard AI chips. The company plans to complete a pilot manufacturing facility near Portland, Oregon, and deploy its Ocean-3 pilot node series in the northern Pacific Ocean later in 2026. The nodes operate far from shore in wave-rich ocean regions and send AI inference results back to land via low-Earth-orbit satellites.

Original sector

Technology

Budget

Location

Country

United States of America (USA)

State

Oregon

City

Portland

Source

Source

AOL

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Manufacturing (Industrial)

Article published date

2026-05-18

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