Coatue has a plan to buy up land for data centers, possibly for Anthropic
Coatue isn't just funding AI anymore. It's buying the land beneath it.
Why it matters
A top-tier VC is moving upstream into infrastructure ownership—acquiring real estate near power sources to secure compute capacity for portfolio companies like Anthropic. This signals both the capital intensity of frontier AI and the scarcity of grid-adjacent land.
The key facts
8 to knowCoatue launching new venture to acquire data center land
Properties targeted near major power sources
Anthropic reportedly among beneficiaries
May 2026 announcement
Land acquisition strategy focuses on proximity to large power sources
Reported connection to Anthropic infrastructure needs
Vertical integration play by major VC into physical infrastructure
Published May 1, 2026 — timing suggests strategic positioning for upcoming scaling demands
Go to the source
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Publisher excerpt: Coatue, one of the biggest names in venture capital, has a new venture that is reportedly buying land near large power sources.