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genai/news/2026-06-09/Livemint
Broadcom is best known for designing custom chips for six customers, including Google-parent Alphabet and OpenAI.
Apollo and Broadcom are launching a new financing model for AI infrastructure buildouts.
KEY POINTS
Broadcom will now help customers expand data-center capacity, not just supply chips.
Broadcom's new platform enables rapid scaling for clients like Anthropic, starting immediately.
OpenAI and Anthropic have both filed confidentially for IPOs within the past two weeks.
In a news release Tuesday, Apollo described the collaboration as a new model for accelerating the AI buildout, pairing a chip maker with long-term private capital.
It may also indicate that Broadcom is taking a more active role in financing the AI ecosystem. The company is best known for designing custom chips for six customers, including Google-parent Alphabet and OpenAI. Now, Broadcom will not only sell chips, but also help its customers grow their data-center footprints.
“We are at a historic inflection point where the demand for AI compute is fundamentally reshaping the global economic landscape,” said Broadcom CEO Hock Tan, adding that the platform enables the company’s “rapidly scaling customers, starting with Anthropic, to realize their most ambitious AI visions with speed and certainty.”
Among those customers, OpenAI and Anthropic will soon have access to tens of billions of dollars in public investment as well. OpenAI has filed confidentially for an initial public offering, the AI lab announced Monday, just a week after Anthropic did the same.