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Trump's Trust in Renewable Energy – Billionaire Peter Thiel Finances Wave Power Start-Up

Summary by hna.de
Peter Thiel is regarded as a strong supporter of Donald Trump and his course for fossil energies. Now the tech billionaire puts 140 million dollars in a start-up that wants to gain electricity from ocean waves.

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kreiszeitung.dekreiszeitung.de
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Peter Thiel is regarded as a strong supporter of Donald Trump and his course for fossil energies. Now the tech billionaire puts 140 million dollars in a start-up that wants to gain electricity from ocean waves.

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Peter Thiel, the co-founder of PayPal and Palantir, has once again moved a card in the race for the infrastructure of artificial intelligence with a bet as bold as it is logical: 140 million dollars in the start-up Panthalassa to build autonomous ocean data centers. The round, led by Thiel himself, raises the total funding of the company to 210 million dollars, a figure that may seem modest compared to the 765,000 million that the great technolo…

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Merca2.es broke the news on Monday, May 11, 2026.
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