DBT Bureau
Pune, 12 June 2026
Broadcom Inc. announced the establishment of the AI XPV Platform with Apollo and Blackstone’s Credit & Insurance Business as initial anchor investors. The Platform is designed to enable more than 20 gigawatts in compute capacity using Broadcom’s XPUs and networking solutions customized for leading frontier AI labs, including Anthropic and OpenAI, through 2028.
The Platform launches today with an initial tranche of $35 billion led by Apollo, in partnership with Blackstone, to facilitate Anthropic’s previously announced capacity expansion of more than 1 gigawatt of compute infrastructure expected to deploy in Fluidstack-based sites starting in mid-2026. This builds upon the deep strategic relationship between Broadcom and Anthropic and illustrates the immediate size and capabilities of the Platform.
It also establishes a scalable framework for future deployments of XPU-based compute capacity and networking to enable frontier model training and inference at the lowest cost and lowest power, significantly lowering per-token delivery costs.
“We are at a historic inflection point where the demand for AI compute is fundamentally reshaping the global economic landscape,” said Hock Tan, President and CEO, Broadcom Inc. “This strategic Platform with Apollo and Blackstone synchronizes the world’s most sophisticated capital with Broadcom’s advanced technological roadmap to meet this once-in-a-lifetime opportunity by enabling our rapidly scaling customers, starting with Anthropic, to realize their most ambitious AI visions with speed and certainty.”
“The sheer scale of the global AI opportunity requires a bold, collaborative model,” said Jim Zelter, President, Apollo. “Our investment in this Platform reflects our conviction in Broadcom’s technology leadership and Anthropic’s frontier roadmap. We are proud to deliver the capital foundation that allows this ecosystem to scale efficiently.”
Jon Gray, President, Blackstone, added: “The demand for compute has created an unprecedented opportunity to invest at scale across the AI infrastructure ecosystem, including providing financing through our credit and insurance business. We are proud to support this powerful combination of Broadcom’s exceptional technology and Anthropic’s pioneering models.”
