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Apollo leads $35B funding for Broadcom's AI XPV Platform to boost AI compute capacity through 2028

Market News
09 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Apollo Global Management is leading a $35 billion capital solution for Broadcom's new AI XPV Platform, in partnership with Blackstone and global banks. This funding aims to enable over 20GW of compute capacity for advanced AI labs through 2028, supporting Anthropic's expansion of more than 1GW of AI compute infrastructure starting mid-2026. The deal represents a new model of institutional capital mobilization to meet the growing infrastructure demands of AI innovation, combining advanced technology with flexible, long-term financing. Apollo and Blackstone's involvement highlights private capital's increasing role in financing the digital infrastructure needed for AI advancements.

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