Each node resembles a huge steel sphere bobbing on the water with a tube-like structure extending vertically down beneath the surface. The wave motions drive water upward through the tube into a pressurized reservoir, where it can be released to spin a turbine generator that produces renewable energy for the AI chips on board. Panthalassa claims the node’s AI chips would also get cooled using the surrounding water, which could offer another advantage over traditional data centers. “Ocean-based compute might offer a massive cooling advantage because the ambient temperature is so low,” Lee said. “Land-based data centers use a lot of electricity and fresh water for cooling.”
The newest node prototype, called Ocean-3, is scheduled for testing in the northern Pacific Ocean later in 2026. The latest version reaches about 85 meters in length and would stand nearly as tall as London’s Big Ben or New York City’s Flatiron Building, according to the Financial Times. Panthalassa has already tested several earlier prototypes of the wave energy converter technology, including the Ocean-1 in 2021 and the Ocean-2 that underwent a three-week sea trial off the coast of Washington state in February 2024. The company’s CEO and co-founder, Garth Sheldon-Coulson, said in a CBS interview that he hopes to eventually deploy thousands of the nodes.