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Broadcom (AVGO) Partners in $35B AI Infrastructure Mega-Deal

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The Story

News Summary

  • Broadcom, Blackstone, and Apollo have launched the $35 billion AI XPV Platform to fund Anthropic’s massive compute expansion.
  • Broadcom will supply essential XPUs and networking infrastructure, aiming to lower costs for frontier AI models through 2028.
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AVGO price history

344.72 -9.97% over the displayed period

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