Sources: Panthalassa, which aims to power data centers in the ocean using energy generated by waves, is raising $225M at a ~$2B valuation, up from $1B in May (Julia Hornstein/The Information)

Julia Hornstein / The Information: Sources: Panthalassa, which aims to power data centers in the ocean using energy generated by waves, is raising $225M at a ~$2B valuation, up from $1B in May — AI data centers need boatloads of power, a need that's set off a flood of investment into startups harnessing nuclear or solar energy to run the servers.