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$63 billion chip financing deal

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MONEY · 1 SOURCE · TechCrunch AI

Anthropic expected to receive high 'junk' (double-B) credit rating after IPO, report says

According to the Financial Times, Blackstone — an anchor investor in a recent $63 billion chip-financing deal for Anthropic — told investors it expects the AI lab to receive a double-B-range (high junk) credit rating after its IPO. Blackstone had previously forecast an investment-grade rating before 2027; a junk rating would likely raise Anthropic’s borrowing costs as it continues heavy compute and spending commitments.

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