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A Portland startup just moved AI into the ocean. While everyone fights over chips and power grids, Panthalassa raised $140 million to build AI data centers that run entirely off ocean waves. No fuel. No power grid. No land. Here's the actual machine they built: An 85-meter structure — taller than the Statue of Liberty — shaped like a giant lollipop. The stem sits underwater. A sphere floats on top. Inside that sphere: an AI server. The ocean water cools it for free. The waves push the structure up and down all day, spinning a turbine inside the stem, generating the electricity that runs everything. No engines. No motors. Nothing mechanical to break in the middle of the sea. Every AI you use right now — ChatGPT, Gemini, Claude — runs on land-based data centers burning through electricity and wasting fresh water just to stay cool. As AI demand grows, that's becoming a real problem. Out in the ocean, that problem disappears. The nodes connect back to land through Starlink. Commer...

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