Blackstone now expects Anthropic to get high 'junk' credit rating post-IPO
Blackstone, anchor investor in a $63 billion deal financing Anthropic's chip purchases, has told investors it now expects the AI company to receive a high speculative-grade ('junk') credit rating in the double-B range after its IPO, according to the Financial Times. This reverses Blackstone's earlier prediction that Anthropic would achieve investment-grade status before 2027. Both Anthropic and Blackstone declined to comment when contacted by TechCrunch.