Coatue to lead a $1bn series B round in DigitalLand.

Coatue, a global investment manager focused on public and private companies, is set to lead a $1bn series B round in DigitalLand, a GDS subsidiary holding data center assets and operations outside mainland China, with participation from Baupost Group. “Data centers are mission critical infrastructure to support the future of AI and cloud. We have been very impressed by the management team, and its capabilities to execute and expand the footprint of the business in such a short period of time. We are excited to work alongside management to expand GDSI into a global leading data center platform,” Philippe Laffont, Coatue Founder.