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

The Financial Times reports that Blackstone, anchor investor in a recent $63 billion deal to finance Anthropic's chips, told investors it expects the AI lab to receive a "high" junk rating after its IPO, having previously said it expected an investment-grade rating before 2027. Blackstone now reportedly expects a double B range rating, the top tier of speculative grade. Anthropic and Blackstone declined to comment to TechCrunch.