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Broadcom Inc.<\/strong> CEO Hock Tan<\/strong> has an unusual way of explaining why the company is helping finance Anthropic<\/strong>‘s and OpenAI<\/strong>‘s AI infrastructure buildout: he compares them to two geniuses stranded in the middle of Mongolia who need help getting to college. <\/p>\n Financing Two “Geniuses”<\/strong> <\/p>\n On the company’s third-quarter earnings call on Wednesday, Tan said only two of Broadcom’s six major AI chip customers need financing, with Anthropic and OpenAI needing outside capital to keep pace with the costs of their growth. <\/p>\n “With these two guys, Anthropic and OpenAI\u2014I mean, this is like thinking of\u2026 you have two geniuses in the middle of Mongolia, and they need to go to college to fulfill where they want to,” Tan added. <\/p>\n Don’t Miss:<\/strong> <\/p>\n That support flows through Broadcom’s XPV platform, a financing vehicle launched in June with \u00a0Apollo Global Management<\/strong> and\u00a0Blackstone Inc.<\/strong>\u00a0specifically to back Anthropic and OpenAI. <\/p>\n The company has already closed a $35 billion first tranche tied to Anthropic’s initial 1-gigawatt deployment. <\/p>\n ‘A Hell of a Business Model<\/strong>‘ <\/p>\n Tan said each gigawatt of compute that Anthropic and OpenAI deploy could generate roughly $30 billion in annual revenue for those companies, calling it “a hell of a business model” and the reason Broadcom is willing to help finance the buildout rather than require cash upfront. <\/p>\n He added that the Claude maker is on track to overtake Alphabet Inc.<\/strong>‘s Google<\/strong> as Broadcom’s largest customer for custom AI chips in 2027, sustaining that lead through 2028, even as Google’s own chip orders continue to grow. <\/p>\n See Also: <\/strong>Avoid the #1 Investing Mistake: How Your ‘Safe’ Holdings Could Be Costing You Big Time<\/strong><\/a> <\/p>\n Tan also called Anthropic’s expected IPO “an open secret,” noting that once the company goes public, “its investment credit will change.” <\/p>\n Dario Amodei<\/strong>-led Anthropic could go public later this year, while Sam Altman<\/strong>‘s OpenAI confidentially filed draft IPO paperwork with the SEC in June, though it could reportedly wait until 2027 before going public. <\/p>\n Beat and Raise<\/strong> <\/p>\n Broadcom posted third-quarter revenue of $29.59 billion, beating analyst estimates of $29.36 billion. The company reported adjusted earnings of $3.32 per share for the quarter, beating estimates of $3.24 per share, according to Benzinga Pro. <\/p>\n It expects fourth-quarter revenue of approximately $34.8 billion versus estimates of $35.03 billion. <\/p>\n Photo Courtesy: Primakov on Shutterstock.com <\/p>\n Read Next:\u00a0<\/strong> <\/p>\n Building Wealth Across More Than Just the Market<\/strong> <\/p>\n Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry. <\/p>\n Arrived<\/strong> <\/p>\n Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100<\/strong><\/a>. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly. <\/p>\n Qnetic<\/strong> <\/p>\n As electricity demand rises alongside AI, data centers, and renewable energy, long-duration energy storage is becoming increasingly important. Qnetic is developing a kinetic energy storage system designed to provide long-lasting, chemical-free electricity storage<\/strong><\/a>, <\/a>offering investors exposure to the infrastructure supporting a more resilient and reliable power grid. <\/p>\n EquityMultiple<\/strong>\u00a0 <\/p>\n For accredited investors looking beyond stocks and bonds, <\/strong>EquityMultiple provides access to vetted commercial real estate deals starting at $5,000<\/strong><\/a>,<\/a> with only ~5% of opportunities passing their due diligence process.\u00a0 <\/p>\n FarmTogether<\/strong> <\/p>\n Farmland has historically held its value through market volatility and delivered returns uncorrelated to stocks and bonds. For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000<\/strong><\/a> \u2014 fully managed, with no landlord headaches. <\/p>\n