After tech stocks crashed three years ago, the correction in private startup valuations led to a wave of partners leaving ...

So far in 2024, Coatue has backed 29 startups, PitchBook data shows. The firm’s latest AI-focused investments include Glean, Scale AI, and Skild AI, which is building a general-purpose AI robot.

Coatue’s hedge fund manages about $14.3 billion and is up almost 15% so far this year through October, one of the people said. The fund is the firm’s largest, and makes bets on both public ...

“We are thrilled to be partnering with Coatue, given the firm’s deep expertise and long track record of investments in the AI ecosystem,” said Asher Genoot, Chief Executive Officer of Hut 8.

(Bloomberg) -- Enterprise software and security startup Island Technology Inc. is raising money at a $4.5 billion valuation in a round led by investment firm Coatue Management, according to people ...

The tech-focused investment manager Coatue Management will make a $150-million investment into the Bitcoin (BTC) miner Hut 8 Corp as investors continue to capitalize on the artificial intelligence ...