•1 min read•from TechCrunch
Coatue has a plan to buy up land for data centers, possibly for Anthropic
Our take
Coatue Management, a prominent player in the venture capital landscape, is embarking on an ambitious initiative to acquire land for data centers, potentially to support the operations of Anthropic. This strategic move is aimed at leveraging proximity to substantial power sources, thereby enhancing operational efficiency and sustainability. By investing in this vital infrastructure, Coatue is positioning itself at the forefront of the data management revolution, underscoring its commitment to innovative solutions that empower the future of AI technology and data processing.
Coatue, one of the biggest names in venture capital, has a new venture that is reportedly buying land near large power sources.
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