415.tech
AI & tech, from the frontlines of Silicon Valley·● Issue 2026-06-11
Most recent edition · Thursday · June 11, 2026
Apollo leads $35B private financing for Broadcom's AI compute platform, targeting 20GW by 2028

Apollo leads $35B private financing for Broadcom's AI compute platform, targeting 20GW by 2028

Apollo-managed funds are leading what the firms describe as the largest private AI infrastructure financing on record — a $35 billion capital solution built around Broadcom's XPU silicon, with Blackstone co-participating and Anthropic's 1GW+ compute expansion (starting mid-2026) as the first funded tranche, OpenAI also named as a served customer. The structural signal is that private credit managers, not hyperscalers or governments, are now writing the largest checks in AI infrastructure, treating contracted compute capacity as a long-duration asset with predictable cash flows.

ir.apollo.com →