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Event Brief

Peter Thiel backs $1bn ocean data centre start-up

Peter Thiel led a $140 million investment in Panthalassa, a wave-powered ocean data centre start-up.
WHO: Peter Thiel
WHAT: Thiel led a $140 million investment into Panthalassa for a wave-powered ocean data centre.
WHEN: May 4, 2026 at 11:00 AM ET
WHERE: USA
WHY: No specific cause was reported.

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