{"id":643402,"date":"2024-11-05T03:52:54","date_gmt":"2024-11-05T00:52:54","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/coatue-is-raising-1b-for-ai-bets\/"},"modified":"2024-11-05T03:52:54","modified_gmt":"2024-11-05T00:52:54","slug":"coatue-is-raising-1b-for-ai-bets","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/coatue-is-raising-1b-for-ai-bets\/","title":{"rendered":"#Coatue is raising $1B for AI bets"},"content":{"rendered":"<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">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, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-11-04\/coatue-seeks-1-billion-for-its-flagship-fund-to-wager-on-ai\">Bloomberg reported<\/a> on Monday.<\/p>\n<p class=\"wp-block-paragraph\">The funding, which will top up the firm\u2019s flagship fund, will be raised primarily from institutional investors. However, high-net-worth individuals with accounts at the brokerage Raymond James and Associates could also invest in Coatue, per the report.<\/p>\n<p class=\"wp-block-paragraph\">Coatue, which has nearly $50 billion in assets under management, has invested in over 170 VC-backed companies in 2021, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/pitchbook.com\/news\/articles\/hedge-funds-vc-consequences-lp-withdrawals\">according to PitchBook data<\/a>. Coatue has since drastically slowed its startup investing pace, backing only 81 companies in 2022 and about 30 companies in 2023.<\/p>\n<p class=\"wp-block-paragraph\">The crossover investor isn\u2019t done with investing in private companies, however. So far in 2024, Coatue has backed 29 startups, PitchBook data shows. The firm\u2019s latest AI-focused investments include Glean, Scale AI and Skild AI, which is building a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a>-purpose AI robot. Philippe Laffont, Coatue\u2019s founder (pictured above) has said he is particularly excited about humanoid robots with AI-powered brains.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/technology\/\" target=\"_blank\" rel=\"noopener\">Technology<\/a><\/span> category.<\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/techcrunch.com\/2024\/11\/04\/coatue-is-raising-1b-for-ai-bets\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s flagship fund, will be raised primarily from institutional investors. However, high-net-worth individuals with accounts at the brokerage Raymond James and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":643403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2024\/11\/GettyImages-488308411.jpg?resize=1200,800","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-643402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/643402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=643402"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/643402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/643403"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=643402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=643402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=643402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}