Coatue Management is raising $1 billion to invest in AI-focused companies, highlighting its continued commitment to technology even amidst a slowdown in startup investments.
With nearly $50 billion in assets under management, Coatue has shifted its investment approach, reducing its startup investments from over 170 in 2021 to just 30 in 2023.
Philippe Laffont, Coatue's founder, expressed particular excitement about the potential of humanoid robots equipped with AI capabilities as part of the firm's strategic focus.
Despite a decrease in overall startup investments, Coatue has already backed 29 new startups in 2024, demonstrating its ongoing interest in innovative sectors.
Collection
[
|
...
]