A decomposing pinkish-grey carcass  measuring 41 feet across and weighs around 13 tons was found on a pacific beach.

At first it was mistaken for a beached whale. In Chile's capital Santiago, 700 miles from where the mass came ashore, expert Elsa Cabrera said: "It might be a giant squid that is missing some of its parts or maybe it's a new species." Most of the world's oceans are still a deep, dark mystery.

Because more than 60 per cent of them are more than a mile deep and virtually inaccessible, we know more about the surface of the moon than we do about the sea bed.

Paul Tyler, Professor in Deep Sea Biology at the University of Southampton, said: "It's far too big to be a jellyfish. Without seeing it or touching it, we have absolutely no idea what it is at all. But it's also possible that it's not organic. It could be some ghastly piece of plastic that's been dumped at sea and started to rot."

But zoology experts said last night it closely resembled a bizarre specimen found in Florida in 1896 that was named "octopus giganteus" and has confounded experts ever since.

[Ace]

i heard of that. Didnt they find a new one though?
i think these are some pics of the new one

close study of the photo reveals by the mountainous and misty topograpghy that this is probably the peruvian coast specimen. it is definitely not florida. close study of the mass reveals that the long stretch of pinkish-grey substance  is probably the head end of a giant squid, not the round head of an ocotpus as the 1896 photo showed.  the head appears to have been split open and half eaten or disintegrated. this is obviously a large specimen but not a giant. it is probably the size of a schooner but not of a cruise or a battleship.

this is the peruvian coast specimen. it probably is a large squid because you can see a long, thin tentacle trailing out the opposite side of the mass toward the horse. the large squid in the first posted photo also has two long, thin central tentacles. i think, unlike the octopus which has a special appendage on its grasping tentacles, that these are used by the squid only for reproduction.