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Coatue is raising $1B for AI bets
Coatue Management, a hedge fund that invested heavily in tech startups during the pandemic-infused boom, is raising $1 billion to back AI-focused
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. However, high-net-worth individuals with accounts at the brokerage Raymond James and Associates could also invest in Coatue, per the report. Philippe Laffont, Coatue’s founder (pictured above) has said he is particularly excited about humanoid robots with AI-powered brains.
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