{"id":215,"date":"2024-11-10T12:22:16","date_gmt":"2024-11-10T05:22:16","guid":{"rendered":"https:\/\/mina.ai.vn\/?p=215"},"modified":"2024-11-10T12:22:16","modified_gmt":"2024-11-10T05:22:16","slug":"coatue-raises-1b-for-ai-investments","status":"publish","type":"post","link":"http:\/\/mina.id.vn\/?p=215","title":{"rendered":"Coatue raises $1B for AI investments"},"content":{"rendered":"\n<p>Coatue Management, a hedge fund that invested heavily in tech startups during the pandemic-infused boom, is raising <strong>$1 billion<\/strong> to back AI-focused companies,&nbsp;<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-11-04\/coatue-seeks-1-billion-for-its-flagship-fund-to-wager-on-ai\" target=\"_blank\" rel=\"noreferrer noopener\">Bloomberg reported<\/a>&nbsp;on Monday.<\/p>\n\n\n\n<p>The funding, which will top up the firm\u2019s flagship fund, will be raised primarily from <strong>institutional investors<\/strong>. However, high-net-worth individuals with accounts at the brokerage Raymond James &amp; Associates could also invest in Coatue, per the report.<\/p>\n\n\n\n<p>Coatue, which has nearly <strong>$50 billion<\/strong> in assets under management, has invested in over <strong>170 VC-backed companies in 2021<\/strong>,\u00a0<a href=\"https:\/\/pitchbook.com\/news\/articles\/hedge-funds-vc-consequences-lp-withdrawals\" target=\"_blank\" rel=\"noreferrer noopener\">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\n\n\n<p>The crossover investor isn\u2019t done with investing in private companies, however. So far in 2024, Coatue has backed<strong> 29 startups<\/strong>, PitchBook data shows. The firm\u2019s latest AI-focused investments include\u00a0<a href=\"https:\/\/techcrunch.com\/2024\/02\/27\/glean-wants-to-beat-chatgpt-at-its-own-game-in-the-enterprise\/\" target=\"_blank\" rel=\"noreferrer noopener\">Glean<\/a>,\u00a0<a href=\"https:\/\/techcrunch.com\/2024\/05\/21\/data-labeling-startup-scale-ai-raises-1b-as-valuation-doubles-to-13-8b\/\" target=\"_blank\" rel=\"noreferrer noopener\">Scale AI<\/a>, and Skild AI, which is building a general-purpose AI robot.<\/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,&nbsp;Bloomberg reported&nbsp;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 &amp; Associates could [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pagelayer_contact_templates":[],"_pagelayer_content":"","footnotes":""},"categories":[2],"tags":[11,33,39,194],"class_list":["post-215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","tag-ai","tag-artificial-intelligence","tag-business","tag-technology"],"_links":{"self":[{"href":"http:\/\/mina.id.vn\/index.php?rest_route=\/wp\/v2\/posts\/215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/mina.id.vn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/mina.id.vn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/mina.id.vn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/mina.id.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=215"}],"version-history":[{"count":0,"href":"http:\/\/mina.id.vn\/index.php?rest_route=\/wp\/v2\/posts\/215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/mina.id.vn\/index.php?rest_route=\/wp\/v2\/media\/221"}],"wp:attachment":[{"href":"http:\/\/mina.id.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/mina.id.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=215"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/mina.id.vn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}