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[STARTUPS]■ STORY TIMELINE

COATUE LAUNCHES DATA CENTER LAND PLAY WITH $5.7B FUNDING

Venture firm Coatue formed Next Frontier in 2025 to acquire land for AI-focused data centers. The venture, partnered with cloud infrastructure startup Fluidstack, raised $5.7 billion through junk bonds.

3 SOURCESFIRST SEEN MAY 1, 02:45 PM► READ THE ARTICLE
Techmeme+0m

Wall Street Journal: Sources: Coatue formed Next Frontier in 2025 to buy land for data centers; Next Frontier has a JV w…

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