Anthropic Expected to Receive High Junk Rating After IPO

A Financial Times report indicates that Anthropic is expected to receive a high junk rating from credit rating agencies after its initial public offering. Blackstone, the anchor investor in the company's financing deal, told investors it expects the AI lab to secure this classification. This outlook represents a shift from previous statements by Blackstone, which had indicated that Anthropic would achieve an investment-grade rating before 2027.

The specific forecast points to a double B range rating, which is the top tier of the speculative junk grade. Anthropic officially filed to go public earlier in the week. The company has been engaged in a spending spree, racking up large compute power deals throughout the past 12 months. Blackstone's forecast regarding the rating is described as just a prediction.

Both Anthropic and Blackstone declined to comment when contacted by TechCrunch.