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04.05.26 - 17:42
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Panthalassa Raises $140 Million to Power AI at Sea (Business Wire)
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Series B led by Peter Thiel funds manufacturing and first deployments of autonomous, ocean-powered computing systems for a new class of AI infrastructurePORTLAND, Ore.--(BUSINESS WIRE)--Panthalassa, a renewable energy and ocean technology company, today announced $140 million in Series B financing led by Peter Thiel, with participation from new investors John Doerr, Marc Benioff's TIME Ventures, Max Levchin's SciFi Ventures, Susquehanna Sustainable Investments, Hanwha Group, Anthony Pratt, Fortescue Ventures, Future Positive, WTI, Nimble Partners, Super Micro Computer, Sozo Ventures, Dylan Field, Planetary VC, Leblon Capital, Resilience Reserve, Portland Seed Fund, and the Intrepid Oregon Fund. They are joined by returning investors Founders Fund, Gigascale Capital, Lowercarbon Capital, Unless, and WovenEarth.
The funding will complete the company's pilot manufacturing facility near Portland, Oregon, and accelerate deployment of its Ocean-3 series of nodes, which will perform AI inference computing at ...
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28.04.26 - 08:01
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Fortescue′s Mark Barnaba on Iran, Rates and China (Bloomberg)
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Fortescue Deputy Chairman Mark Barnaba speaks to Bloomberg TV about rising costs from the Iran war, China's growing influence, and the miner's push to replace diesel with renewable energy. Barnaba speaks to Bloomberg's Haslinda Amin exclusively from the Bank of America's Breakthrough Technology Dialogue Asia Pacific in Singapore. (Source: Bloomberg)...
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24.04.26 - 02:12
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Why are Fortescue shares falling today? (Fool)
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This iron ore giant was impacted by bad weather during the third quarter.
The post Why are Fortescue shares falling today? appeared first on The Motley Fool Australia....
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