Apollo Global Management & Broadcom

Apollo Global Management: Apollo is leading a $35 billion capital solution for Broadcom>>>'s new AI XPV Platform, demonstrating its significant role in financing large-scale AI infrastructure projects and expanding its asset management business.

Broadcom: Broadcom>>> is launching its new AI XPV Platform, securing $35 billion in capital from Apollo Global Management>>> and Blackstone Inc.>>> to enable over 20GW in compute capacity for AI labs, accelerating its AI infrastructure buildout.

Apollo Global Management: Apollo is in talks to participate in the financing, following its June partnership with Broadcom and Blackstone. Involvement would increase its exposure to AI infrastructure debt and align with its credit investment strategy.

Broadcom: Broadcom is the lead arranger and guarantor of the proposed debt financing, which would support its AI chip sales and data center equipment business. The deal could significantly expand its AI infrastructure financing footprint and strengthen its competitive position against Nvidia.

Apollo Global Management: Apollo Global Management is mentioned as a private equity firm that recently financed a $35 billion expansion of AI capacity for Anthropic, highlighting the trend of private equity involvement in AI infrastructure.

Broadcom: Broadcom's custom chips are being used in the $35 billion AI capacity expansion for Anthropic, financed by Apollo and Blackstone.