Broadcom, a global technology leader in semiconductor and infrastructure software solutions, announced the establishment of the AI XPV Platform with Apollo and Blackstone 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 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 represents a new model for mobilizing institutional capital at the scale required to meet the demands of AI infrastructure.
The S&C team advising Broadcom is led by Nader Mousavi, Neal McKnight, Courtland Morrice and Mark Schenkel and includes Robert Schlein, James Bromley, Davis Wang, Pete Jones, John Jo, Jason Wasser, Joyce Kwok, Saul Brander, Elizabeth Levin, Angela Zhu, Taylor Apodaca, Julia Raphael, Sabrina Macklai, Elizabeth Mellgard, Jordan Voccola, Dominick Gambino, Patrick Ronan, Conor Guest, Megan Corbett, Rachel Liu, Jesse Ramos and Zachary Hayworth.