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Bloomberg: Coatue Seeks $1 Billion for Its Flagship Fund to Wager on AI (no paywall) https://t.co/Bmb5dzafZW
Coatue Management is looking to raise $1 billion to amplify bets on artificial intelligence and tech innovation, marking the first time in several years it has sought cash for the flagship fund. Hema Parmar reports https://t.co/FkATRsRo62 https://t.co/I31Tx7J5VH
Coatue seeks $1 billion for its flagship fund to wager on AI https://t.co/kVaPo6xDdm via @business
Coatue Management is seeking to raise $1 billion for its flagship fund, marking its first attempt to secure capital in several years. The hedge fund plans to use the funds to increase investments in artificial intelligence and technology innovation. This fundraising initiative highlights Coatue's strategic focus on AI, reflecting broader trends in the investment landscape where technology continues to attract significant capital.