[Apollo and Blackstone Group Consider $35 Billion Financing for Broadcom] According to a report by Jinse Finance, on May 9, Apollo Global Management Inc. and Blackstone Group are in negotiations with Broadcom for a financing deal worth approximately $35 billion, aimed at funding the development of artificial intelligence (AI) chips. This financing would become one of the largest private credit transactions in history and will help Broadcom support its AI initiatives, including a long-term agreement to develop and supply custom Tensor Processing Units (TPUs) for Google. If the financing deal is finalized, it will solidify the private credit industry's position as a core driver of the massive infrastructure demands of AI. Broadcom expects its AI chip sales to exceed $100 billion next year.