Hedge fund Coatue Management plans to raise $1 billion to increase investment in artificial intelligence and technological innovation. It is reported that this is the first time the company has sought to raise funds for its flagship fund in several years. (bloomberglaw) Coatue Management is a hedge fund headquartered in New York and focused on technology companies. It has led OpenSea's $300 million Series C financing. Its investment portfolio in the crypto field includes: blockchain security company CertiK, Bitcoin mining company Hut 8, crypto payment platform MoonPay, crypto analysis platform Dune Analytics, etc.