Apollo leads Broadcom AI Platform financing

Apollo Global Management>>>-managed funds and affiliates are leading an initial $35 billion capital solution for Broadcom>>>'s new AI XPV Platform, in partnership with Blackstone Inc.>>> and leading global banks. This Platform is designed to enable over 20GW in compute capacity for leading frontier AI labs through 2028. The transaction will facilitate Anthropic>>>'s previously announced capacity expansion of more than 1GW of compute infrastructure for training and inference starting in mid-2026. This initiative represents a new model for mobilizing institutional capital to meet the infrastructure demands of AI innovation, pairing advanced silicon and networking solutions with long-term, flexible capital. Apollo Global Management>>> Partner Jamshid Ehsani>>> noted it as the largest private financing ever executed, emphasizing AI compute as a compelling new asset class. Won Kim>>> of Broadcom>>> highlighted the transaction as the first pillar of the XPV Platform, aiming to scale it with partners as AI infrastructure accelerates. Advisors involved include Goldman Sachs>>>, Wells Fargo>>>, Citigroup>>>, BNP Paribas>>>, UBS>>>, Bank of America>>>, Morgan Stanley>>>, and JPMorgan Chase>>>.