Apollo and Blackstone in Talks to Provide $35B Financing to Broadcom
Apollo Global Management (APO) and Blackstone (BX) are among private credit lenders involved in talks with chipmaker Broadcom (AVGO) over a roughly $35B financing to fund the AI build-out, sources told Bloomberg Silas Brown and Laura Benitez. The financing, which would be one of the largest ever private credit deals, will help Broadcom fund the development of chips for AI tasks, the report said.
