Apollo leads $35 billion capital solution for Broadcom's AI XPV Platform, enabling over 20GW compute capacity through 2028

Apollo-managed funds and affiliates, partnering with Blackstone and leading global banks, are leading an initial $35 billion capital solution for Broadcom's new AI XPV Platform announced June 9, 2026.

The Platform is designed to enable over 20GW in compute capacity for leading frontier AI labs through 2028, and will facilitate Anthropic's capacity expansion of more than 1GW of compute infrastructure for training and inference starting in mid-2026.

Apollo characterized AI compute as an emerging asset class in finance, distinguished by contracted cash flows and mission-critical utility, and stated the transaction reflects the scale and flexibility required to meet infrastructure demands across the frontier AI ecosystem.