Wednesday , 6 November 2024
Home Tech Coatue is raising $1B for AI bets
Tech

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 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.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Get a lifetime subscription to AdGuard Family Plan for just £14.64 (reg....

Today’s Wordle Hints, Answer and Help for Nov. 5, #1235

Here are some hints and the answer for Wordle No. 1,235 for...

35 Years Ago Today, Great Britain Put Its Best Man on the Moon

Although most people wouldn't see it for another year, 35 years ago...

Here’s when the Black Friday sales start at Amazon, Walmart, and other retailers

Illustration by Alex Castro / The Verge Black Friday officially kicks off...