Coatue Acquires Land for Data Centers, Possibly for Anthropic
Coatue, a major venture capital and hedge fund firm, has launched a venture called Next Frontier to purchase land near large power sources for potential data center development, possibly for Anthropic. The initiative includes a joint venture with Fluidstack, which has a $50 billion deal to build data centers for Anthropic. The data center construction boom is attracting significant investment and speculation, particularly in rural areas.
Topics: Anthropic Coatue data centers Fluidstack real estate venture capital