Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-up

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Reuters

Tue, June 9, 2026 astatine 10:52 AM CDT 2 min read

June 9 (Reuters) - Apollo and Blackstone are financing a $35 cardinal enlargement of AI computing capableness for Anthropic utilizing Broadcom's customized chips ‌and networking solutions arsenic portion of a tie-up betwixt the ‌asset managers and the chipmaker.

The archetypal committedness volition grow the Claude Code creator's AI computing capacity by 1 gigawatt, the companies said connected Tuesday. One gigawatt is capable to powerfulness astir 750,000 homes.

The capableness is expected to beryllium deployed astatine Fluidstack-operated sites opening mid-2026, with the unreality computing institution providing the carnal ‌data-center infrastructure that volition ⁠run Anthropic's AI systems.

Overall, the concern plans to alteration much than 20 GW successful computing capableness for starring AI ⁠labs, including OpenAI, done 2028.

Private-equity firms person emerged arsenic a important root of backing for AI companies strained by a shortage of costly and supply-constrained AI infrastructure needed to conscionable rising demand.

Meta successful October struck a $27 cardinal financing ‌deal with Blue Owl Capital to money its biggest data-center project.

Tuesday's woody besides bodes good for Broadcom's propulsion to turn its AI business, which has drawn request from tech companies looking to trim their reliance connected Nvidia with in-house chips.

The concern aims to standard the deployment of customized ‌AI chips and computing systems portion cutting the outgo and powerfulness needed to bid AI models, Broadcom said.

Apollo is leading the archetypal concern tranche for the platform, alongside ‌Blackstone's Credit & Insurance business.

In April, Broadcom signed a semipermanent statement with Alphabet's Google to make and proviso aboriginal generations of customized AI chips for the company's AI racks done 2031.

It besides signed a woody to ‌give Anthropic entree to astir 3.5 GW of AI computing capableness drawing connected Google's processors, starting adjacent year.

(Reporting by Anhata Rooprai in Bengaluru; Editing by Shilpi Majumdar)

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