{"id":68399,"date":"2026-06-10T03:36:40","date_gmt":"2026-06-10T03:36:40","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/68399\/"},"modified":"2026-06-10T03:36:40","modified_gmt":"2026-06-10T03:36:40","slug":"apollo-blackstone-back-anthropics-35-billion-capacity-expansion-in-new-broadcom-tie-up","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/68399\/","title":{"rendered":"Apollo, Blackstone back Anthropic&#8217;s $35 billion capacity expansion in new Broadcom tie-up"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">June 9 (Reuters) &#8211; Apollo and Blackstone are financing a $35 billion expansion of AI computing capacity for Anthropic using Broadcom&#8217;s custom chips \u200cand networking solutions as part of a tie-up between the \u200casset managers and the chipmaker.<\/p>\n<p class=\"yf-1fy9kyt\">The initial commitment will expand the Claude Code creator&#8217;s AI computing \u200bcapacity by one gigawatt, the companies said on Tuesday. One gigawatt is enough to power about 750,000 homes.<\/p>\n<p class=\"yf-1fy9kyt\">The capacity is expected to be deployed at Fluidstack-operated sites beginning mid-2026, with the cloud computing company providing the physical \u200cdata-center infrastructure that will \u2060run Anthropic&#8217;s <a href=\"https:\/\/tech.yahoo.com\/ai\/\" data-ylk=\"slk:AI systems;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;AI systems&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">AI systems<\/a>.<\/p>\n<p class=\"yf-1fy9kyt\">Overall, the partnership plans to enable more than 20 GW in computing capacity for leading AI \u2060labs, including <a href=\"https:\/\/www.yahoo.com\/organizations\/openai\/\" data-ylk=\"slk:OpenAI;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;OpenAI&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">OpenAI<\/a>, through 2028.<\/p>\n<p class=\"yf-1fy9kyt\">Private-equity firms have emerged as a crucial source of funding for AI companies strained by a shortage of costly and supply-constrained \u200bAI infrastructure \u200bneeded to meet rising demand.<\/p>\n<p class=\"yf-1fy9kyt\">Meta in \u200bOctober struck a $27 billion financing \u200cdeal with Blue Owl Capital to fund its biggest data-center project.<\/p>\n<p class=\"yf-1fy9kyt\">Tuesday&#8217;s deal also bodes well for Broadcom&#8217;s push to grow its AI business, which has drawn demand from tech companies looking to reduce their reliance on <a href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\/\" data-ylk=\"slk:Nvidia;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Nvidia&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a> with in-house chips.<\/p>\n<p class=\"yf-1fy9kyt\">The partnership aims to scale the deployment of custom \u200cAI chips and computing systems while cutting \u200bthe cost and power needed to train \u200bAI models, Broadcom said.<\/p>\n<p class=\"yf-1fy9kyt\">Apollo is \u200bleading the initial investment tranche for the platform, alongside \u200cBlackstone&#8217;s Credit &amp; Insurance business.<\/p>\n<p class=\"yf-1fy9kyt\">In April, Broadcom \u200bsigned a long-term agreement \u200bwith Alphabet&#8217;s Google to develop and supply future generations of custom AI chips for the company&#8217;s AI racks through 2031.<\/p>\n<p class=\"yf-1fy9kyt\">It also \u200bsigned a deal to \u200cgive Anthropic access to about 3.5 GW of AI computing capacity \u200bdrawing on Google&#8217;s processors, starting next year.<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting by Anhata Rooprai \u200bin Bengaluru; Editing by Shilpi Majumdar)<\/p>\n","protected":false},"excerpt":{"rendered":"June 9 (Reuters) &#8211; Apollo and Blackstone are financing a $35 billion expansion of AI computing capacity for&hellip;\n","protected":false},"author":2,"featured_media":68400,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[53,38222,4471,2742,328,19524,38224,9376,38223],"class_list":["post-68399","post","type-post","status-publish","format-standard","has-post-thumbnail","category-anthropic","tag-anthropic","tag-apollo","tag-asset-managers","tag-blackstone","tag-broadcom","tag-capacity","tag-computing-systems","tag-custom-chips","tag-networking-solutions"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/68399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=68399"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/68399\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/68400"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=68399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=68399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=68399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}