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Peter Thiel

Peter Thiel

Lead investor, Panthalassa Series B

Appears in 2 stories

Stories

Underwater data centers move from prototype to commercial buildout

Built World

Backing wave-powered ocean compute infrastructure

A sealed steel capsule sits on the seabed off Shanghai's Nanhuizui coast, drawing more than 95% of its power from offshore wind turbines and using cold seawater to cool its servers. It is the world's first wind-powered underwater data center, and its operators have signed deals to scale the design into a 500-megawatt cluster.

Updated Yesterday

America rebuilds its uranium enrichment industry

Built World

Backing first privately-developed U.S. enrichment facility

The United States performed less than 1% of global uranium enrichment when the Department of Energy announced $2.7 billion in contracts to three companies on January 21, 2026. Russia controls 44% of global enrichment capacity and supplied roughly a quarter of American reactor fuel until Congress banned imports in 2024. The last U.S.-owned enrichment facility shut down in 2013.

Updated Jan 24