Coatue, MatX in Talks on New Multibillion Chip-Financing Venture

The Information | 04-09-2026 06:24pm |

Coatue Management is reportedly in talks to form a joint venture with MatX, a young AI chip startup, to help it overcome component shortages. MatX has developed a chip capable of handling both AI model training and inference, attracting interest from major tech firms, including Anthropic, which briefly considered acquiring the company. The deal is part of a broader trend of investment firms and tech companies creating novel financial structures to address constraints in the AI boom.

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