Coatue is raising $1B for AI bets

  • Thread starter Thread starter Marina Temkin
  • Start date Start date
M

Marina Temkin

Coatue Management, a hedge fund that invested heavily in tech startups during the pandemic-infused boom, is raising $1 billion to back AI-focused companies, Bloomberg reported on Monday. The funding, which will top up the firm’s flagship fund, will be raised primarily from institutional investors. However, high-net-worth individuals with accounts at the brokerage Raymond James and […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Continue reading...
 
You must log in or register to reply here.
Back
Top