Panthalassa's $140M: Peter Thiel Bets on Ocean-Powered AI Compute
Panthalassa raised $140M Series B in May 2026, led by Peter Thiel, to power AI inference with ocean waves — a novel answer to AI's energy crunch.
AI infrastructure has become one of the largest categories in venture capital, spanning compute, model serving, agent frameworks, and enterprise deployment layers. Our coverage tracks where investors are placing bets and which companies are defining the next layer of the AI stack.
Explore AI infrastructure funding news and analysis below.
Panthalassa raised $140M Series B in May 2026, led by Peter Thiel, to power AI inference with ocean waves — a novel answer to AI's energy crunch.
Sierra raised $950M at a $15B valuation in May 2026, led by Google Ventures and Tiger Global, as enterprises adopt AI agents for customer experience at scale.
Tessera Labs raised $60M in May 2026, led by Andreessen Horowitz, to build a vertical AI-native ERP platform for enterprises.
Seattle-based Temporal's Series D shows that orchestration, retries, and state management are becoming core AI infrastructure — not nice-to-haves.
With €1.7B equity, $830M in debt, and a Paris datacenter plan, Mistral is turning 'European AI sovereignty' into a funded industrial strategy.
Qdrant's AVP-led Series B positions Berlin as a credible European hub for AI data infrastructure — and vector search as a core production primitive.