Coatue has a plan to buy up land for data centers, possibly for Anthropic

Major venture capital firm Coatue is launching Next Frontier to acquire land near power sources for data center development, potentially supporting AI infrastructure demands from portfolio companies like Anthropic, signaling that critical computing infrastructure has become a core strategic asset class for institutional investors. This trend reflects the massive capital requirements and real estate constraints driving AI scaling, with over 1,500 new data centers currently under construction across the U.S., indicating that IT leaders must now compete for physical infrastructure resources alongside traditional cloud providers. Organizations dependent on cutting-edge AI capabilities should anticipate sustained pressure on data center capacity and costs, requiring proactive partnerships with infrastructure providers and consideration of geographic and power supply constraints in technology roadmaps.