Blackstone Inc. & Broadcom

Blackstone Inc.: Blackstone Inc.>>> is partnering with Apollo Global Management>>> to provide capital for Broadcom>>>'s AI XPV Platform, reflecting its growing involvement in financing digital infrastructure for AI innovation.

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.

Blackstone Inc.: Blackstone is in talks to participate in the financing, building on its June partnership with Broadcom and Apollo. Participation would expand its AI infrastructure investment portfolio and potentially generate attractive returns.

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.

Blackstone Inc.: Blackstone Inc.>>> shares rose after it capped withdrawals from its flagship private credit fund, addressing concerns over private credit.

Broadcom: Broadcom dropped 7.9% as chip stocks faced a significant sell-off, impacting its market valuation.

Blackstone Inc.: Blackstone Inc. invested in Anthropic's Series H funding round, contributing to the substantial capital raised by the AI firm.

Broadcom: Broadcom has partnered with Anthropic for access to five gigawatts of next-generation TPU capacity, supporting Anthropic's compute infrastructure expansion.

Blackstone Inc.: Blackstone Inc.>>> lost ground after Partners Group>>> capped withdrawals from a fund.

Broadcom: Broadcom>>> fell in extended trading after reporting its results.

Blackstone Inc.: Blackstone Inc. is mentioned as a private equity firm that recently financed a $35 billion expansion of AI capacity for Anthropic, and also formed a joint venture with PPL Corp. to build gas-fired generation stations for data centers.

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

Blackstone Inc.: Blackstone Inc. is an investor in Anthropic's latest funding round.

Broadcom: Broadcom is mentioned as a company Anthropic has struck deals with to secure computing capacity.

Blackstone Inc.: Blackstone is the company led by Stephen Schwarzman, who was also featured in the top-paid CEOs list.

Broadcom: Broadcom is the company led by Hock Tan, who was also featured in the top-paid CEOs list.