Coatue has a plan to buy up land for data centers, possibly for Anthropic
•Coatue, one of the biggest names in venture capital and hedge funds, has a new plan to generate bigger returns on AI beyond its sizable stakes in Anthropic, OpenAI, xAI, and data center companies like...
•It has launched a venture called Next Frontier to buy up land near large power sources with the goal of turning those parcels into data centers, the Wall Street Journal reports.
•Sources tell the WSJ that Next Frontier has already signed a joint venture with FluidStack, a cloud infrastructure startup that penned a $50 billion deal to build data centers for Anthropic.
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