CoinVoice has recently learned that hedge fund Coatue Management plans to raise $1 billion to increase investment in artificial intelligence and technological innovation. This is reportedly the first time the company has sought to raise funds for its flagship fund in several years.
Coatue Management is a hedge fund headquartered in New York that focuses on technology companies. It has led OpenSea's $300 million Series C round of financing. Its investment portfolio in the crypto space includes: blockchain security company CertiK, Bitcoin mining company Hut 8, crypto payment platform MoonPay, crypto analysis platform Dune Analytics, etc. [Original link]
