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

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.

Apollo will lead an initial $35 billion commitment to ...