Using the ocean to power data centers

Using the ocean to power data centers

CBS News business

Key Points:

  • Panthalassa, led by CEO Garth Sheldon-Coulson, aims to tackle climate change and high energy consumption of AI data centers by harnessing wave energy from the ocean, which is abundant and potentially the cheapest energy source.
  • Their innovative Ocean-2 and Ocean-3 models function like floating hydroelectric dams, generating electricity from wave motion without anchors or cables, operating as self-propelled units akin to large robotic devices.
  • These floating systems double as offshore data centers, processing AI tasks on-site and transmitting results via satellite, offering a cleaner and more efficient alternative to traditional land-based data centers.
  • Panthalassa has secured private funding and is currently constructing Ocean-3 units, expecting them to be operational offshore by August, with plans to deploy thousands to meet growing AI energy demands sustainably.
  • The technology promises benefits including zero fuel use, no land footprint, minimal disruption to other activities, and rapid scalability, positioning it as a timely solution for the expanding need for clean energy in AI computing.

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