COATUE MANAGEMENT

About Coatue Management

Technology-focused investment firm. Investor in OpenAI and Cursor.

Recent News about Coatue Management

• ASML attracts Wall Street as AI lithography bottleneck and Coatue build $655m stake

  On May 26, 2026, reporting from Amsterdam highlighted that hedge fund Coatue Management disclosed a roughly $655.4 million stake in ASML, while UBS raised its price target to €1,900 and named it its top European semiconductor pick. The moves reflect expectations that ASML’s EUV tools will remain a critical bottleneck for AI chips as demand pushes the chip market toward $1.5 trillion by 2030.([ts2.tech](https://ts2.tech/en/asml-draws-fresh-attention-from-wall-street-in-ai-push/))

  Source: TechStock² / TS2.tech2026-05-26T15:18:00.000Z

• Coatue launches Next Frontier to buy land for AI data centers

  On May 3, 2026, TheEnergyMag reported that investment firm Coatue has launched a venture called Next Frontier to acquire land for large-scale AI data center developments. The new vehicle is already pursuing an Indiana campus targeting AI customers like Anthropic, tied to a joint venture with AI cloud provider Fluidstack.

  Source: TheEnergyMag2026-05-03T14:00:00.000Z

• Anthropic pursues $10B+ mega-round as revenue run rate tops $9B

  Bloomberg reporting on January 21, 2026 said Anthropic is lining up over $10 billion in new funding led by Coatue and Singapore’s GIC, potentially pushing total recent commitments above $20 billion alongside prior Nvidia and Microsoft deals. The company’s annualized revenue run rate reportedly exceeded $9 billion at the end of 2025, more than doubling since July.

  Source: Bloomberg via Yahoo Finance2026-01-21T21:39:00.000Z