Anthropic expected to receive high ‘junk’ rating from credit agencies following IPO, FT report says

Anthropic, the AI lab behind Claude, is now expected to receive a "high" junk rating from credit agencies after its IPO, according to an FT report. This new expectation comes from investment giant Blackstone, an anchor investor in a recent $63 billion deal to finance Anthropic’s chips. Previously, Blackstone had indicated that Anthropic would achieve an investment-grade rating before 2027, a significant shift in their outlook on the company's financial risk.