Broadcom to Help Finance Anthropic, OpenAI Chip Deals With Apollo, Blackstone

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Broadcom launched an Apollo- and Blackstone-backed fund to finance more than 20 gigawatts of AI data centers using Broadcom chips.

Categories: Money & Moves

Excerpt

<p>Broadcom said Tuesday that it is launching a new fund—backed by Apollo and Blackstone—to help finance more than 20 gigawatts of AI data centers through 2028 using chips designed by Broadcom, including projects tied to Anthropic and OpenAI.</p> <p>Apollo will lead an initial $35 billion commitment to ...</p>