Broadcom, Apollo and Blackstone establish platform to accelerate more than 20GW of global AI deployments
By IAN Editorial Desk
9 June 2026·1 min read
Primary source: blackstone.com
Apollo leads the first tranche, with Blackstone financing through its credit and insurance arm.
Insurer-linked capital is being put behind AI compute infrastructure. Broadcom today established the AI XPV Platform with Apollo and Blackstone's Credit & Insurance Business as initial anchor investors. The platform launches with an initial tranche of $35bn led by Apollo, in partnership with Blackstone, to facilitate Anthropic's previously announced expansion of more than 1 gigawatt of compute capacity, expected to…
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