Broadcom said it is launching a new AI infrastructure financing platform with Apollo and Blackstone, aiming to support more than 20 gigawatts of global AI compute deployments through 2028.
The company said its new AI XPV Platform will combine Broadcom’s XPUs and networking technology with long-term capital from the two investment firms to help fund large-scale AI infrastructure for frontier model developers including Anthropic.
The platform is launching with an initial $35 billion transaction led by Apollo in partnership with Blackstone, which Broadcom said will support Anthropic’s previously announced expansion of more than 1 gigawatt of compute infrastructure. That capacity is expected to begin deploying at Fluidstack-based sites in mid-2026.
In announcing the partnership, Broadcom framed the effort as a way to pair advanced silicon and networking with committed institutional capital as AI demand accelerates. The company said the platform is intended to provide a scalable framework for future deployments while lowering the cost and power requirements associated with training and inference.
Executives from all three companies positioned the move as a response to rising demand for compute infrastructure and a sign of how private capital is becoming more central to the buildout of the AI ecosystem.
Read the full press release here.