Global top-tier hedge fund Coatue is stirring up a storm in AI investment. According to the latest Bloomberg report, this investment giant managing nearly $50 billion in assets is planning to raise a $1 billion special fund to fully bet on the AI sector.
This round of financing will be injected into Coatue's flagship fund, primarily open to institutional investors. Notably, high-net-worth individual investors with accounts at Raymond James Securities also have the opportunity to participate, indicating Coatue's strong bullish stance on the AI sector.
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In terms of investment pace, Coatue is undergoing strategic adjustments. According to PitchBook data, the company invested in over 170 startups during the pandemic in 2021, then gradually slowed down, investing in 81 companies in 2022 and around 30 in 2023. However, at the beginning of 2024, Coatue has already invested in 29 startups, showing a new wave of investment enthusiasm.
In its latest AI investment map, Coatue has targeted several innovative projects including Glean, Scale AI, and Skild AI. Particularly noteworthy is that Coatue founder Philippe Laffont has shown a strong interest in humanoid robots equipped with AI brains. Among them, Skild AI is developing a general-purpose AI robot, which could become the next investment focus.
These moves send a clear signal: in the AI sector, capital giants are brewing a new round of layouts. And Coatue's fundraising this time is likely to become another important catalyst for the AI startup ecosystem.
