Sources: Coatue formed Next Frontier in 2025 to buy land for data centers; Next Frontier has a JV with neocloud Fluidstack that has raised $5.7B via junk bonds
*COATUE LAUNCHES VENTURE TO BUY LAND FOR AI DATA CENTERS: WSJ $70B investment firm Coatue launched a new venture called Next Frontier to buy land for data centers. According to the WSJ they're potentially spending tens of billions of dollars on the effort. I thought we were
Scoop: Coatue is launching a new venture, Next Frontier, to buy land for AI data centers. Tens of billions could go into the effort, with early work underway on an Indiana campus. w/ @rudegeair https://www.wsj.com/...
Scoop: Coatue Management enters the data center business. — The investment firm is going beyond backing AI stocks & startups—and getting into the infrastructure behind it. …