The investment spread over the next four years will see the company update its infrastructure to support AI workloads and upskill 840,000 people in AI.
Other updates to the service includes new racks, Apigee integration, and survivability features.
The new managed service is designed for render management tasks for teams creating computer-generated 2D or 3D graphics, and visual effects.
As part of its extended collaboration with AWS, GCP, Microsoft, IBM, and Oracle, the chip designer will share its new Blackwell GPU platform, foundational models, and integrate its software across platforms of hyperscalers.
Google has already made a similar move, and other cloud service providers, such as Microsoft, IBM and Oracle, are expected to follow suit to satisfy regulators in the UK and Europe.
Broadcom acquired the end-user computing business when it finalized its $69 billion acquisition of VMware in November of last year.
The company has been looking to divest non-core parts of its business, including the end-user computing unit and Carbon Black post its acquisition of VMware in November for $69 billion.
The ChatGPT-maker has reportedly been in talks with several manufacturers and venture capital firms to set up factories for making AI chips.