● FundingOct 31, 2026 · 00:088 sources
Blackstone Forecasts Junk Credit Rating for Anthropic Following IPO
From huggingnews.com
AI;DR
Blackstone forecasts that Anthropic will receive a double-B credit rating following its IPO, falling short of investment-grade status. The "high junk" outlook reverses earlier projections that the startup would secure an investment-grade rating by year-end, according to the Financial Times. The rating could raise borrowing costs as Anthropic plans to spend over $800B on computing infrastructure through 2045, relying on a $63B financing deal called Project North Star.
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- SUPPORT@wallstengine“The lower rating could make it more expensive for Anthropic to finance its massive AI infrastructure expansion, while limiting access to pension funds and insurers”x.com
- SUPPORT@zerohedge“you mean the $700BN in unfunded commitments could get in the way?”x.com
- SUPPORT@stocksavvyshay“Not ideal when you're planning over $800B in compute spending and $AVGO is already guaranteeing $42B of your loans”x.com
- SUPPORT@rory_johnston“They’re calling it slop debt.”x.com
- SUPPORT@realnickmugalli“I swear the FT is a Chinese operator escalating the selloff on semis on this”x.com
- DISCUSSIONpetethomasnews.ycombinator.com