Broadcom, Apollo, Blackstone Launch US$35B AI Infrastructure Platform to Power Next Wave of AI Growth

Broadcom, Apollo, Blackstone launch US$35B AI infrastructure platform to power next wave of AI growth

Broadcom has partnered with Apollo Global Management and Blackstone's Credit & Insurance business to launch the AI XPV Platform, a new financing vehicle backed by an initial US$35 billion commitment aimed at accelerating AI infrastructure deployment. According to , the platform is designed to support more than 20GW of AI compute capacity by 2028 using Broadcom's chips and networking technologies, with customers including Anthropic and OpenAI.

Broadcom, Apollo, and Blackstone are launching a $35 billion AI infrastructure platform

The AI XPV Platform is designed to enable more than 20 gigawatts of compute capacity for frontier AI labs through 2028

Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-up

Apollo leads $35bn Broadcom AI infrastructure platform financing

Apollo Global Management has led a $35bn initial capital solution for a new AI infrastructure platform developed with Broadcom, in partnership with Blackstone and a syndicate of global banks, in what is being positioned as one of the largest private financings for AI compute capacity to date. The financing forms the first stage of Broadcom’s AI XPV Platform, which is designed to support more than 20 gigawatts of compute capacity for frontier AI …

Broadcom stock falls despite new AI data center partnership

Shares of Broadcom AVGO fell sharply on Tuesday as investors continued to rotate away from high-growth technology stocks.The decline came despite the company's announcement of a major artificial intelligence infrastructure partnership with Apollo Global Management and Blackstone.Broadcom stock dropped 6.2% during the session as the broader technology sector remained under pressure. The stock then recovered some of its losses and was trading down…