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

Coatue has launched Next Frontier to buy land near major power sources and turn it into data centers.

Sources say Next Frontier already has a joint venture with Fluidstack, which has a major data center deal with Anthropic.

The move highlights how AI investment is spreading from software into physical infrastructure.

Venture firms are racing to secure land, power, and financing for the next wave of data center capacity.