The Month In Data Centres: June 2026 Edition

Share this article
Panthalassa is pioneering a new kind of data centre which floats in the deep ocean, powered by wave energy and connected by Starlink satellites (Credit: Panthalassa)
Some of the top headlines from Data Centre Magazine in May include stories featuring Panthalassa, Hut 8, Anthropic and SpaceXAI
In just 10 years, Panthalassa has achieved a valuation of US$1bn (Credit: Panthalassa)

The future demands more compute than we can imagine.

Peter Thiel, Co-Founder of Palantir

For years, the data centre industry has searched for spare land, bigger substations and faster routes to grid power.

Panthalassa’s answer is considerably more dramatic: head several hundred miles out to sea.

Key Fact
  • The International Energy Agency projects that energy consumption linked to AI will grow by around 30% annually through to 2030.
Asher Genoot, CEO of Hut 8

Hut 8 commercialised Beacon Point’s first AI data centre phase through a 15-year US$9.8bn lease.

Inside Anthropic's Next AI Infrastructure Bet with SpaceXAI

Anthropic CEO, Dario Amodei (Credit: Getty)

Anthropic expanded compute capacity through xAI’s Colossus 1 supercomputer, lifting Claude limits for enterprise AI users.

Executives