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

In Brief Posted: 2:52 PM PDT · October 30, 2026 Image Credits:Anna Moneymaker / Getty Images Lucas Ropek Anthropic expected to receive high ‘junk’ rating from credit agencies following IPO, FT report says Anthropic is expected to receive a high “junk” rating from credit rating agencies following…

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In Brief Posted: 2:52 PM PDT · October 30, 2026 Image Credits:Anna Moneymaker / Getty Images Lucas Ropek Anthropic expected to receive high ‘junk’ rating from credit agencies following IPO, FT report says Anthropic is expected to receive a high “junk” rating from credit rating agencies following its initial public offering, according to a report from the Financial Times. The FT says the investment giant Blackstone, the anchor investor in a recent $63 billion deal to finance Anthropic’s chips, told investors in the deal that it expects the AI lab to receive a “high” junk rating after its IPO. Previously, the FT notes, Blackstone had said the opposite: that the Claude maker would receive an investment-grade rating (indicating low risk for lenders) before 2027 rolls around. Now Blackstone expects double B range rating, the top tier of speculative “junk” grade, according to the reporting. TechCrunch reached out to Anthropic and Blackstone but both declined to comment. Blackstone’s forecast is just a prediction, but naturally, a high junk rating would make it more difficult and costlier for Anthropic to raise the money to keep funding its massive spending that has undergirded its business. The lab has been on a spending spree, racking up large compute power deals throughout the past 12 months, which has worried investors. Anthropic officially filed to go public earlier this week, kicking off a wave of speculation about how the massive IPO would impact the broader AI industry. Topics AI, Anthropic, In Brief, IPO November 4 Boston Buy One Pass, Get a Second FreeCover more ground at TechCrunch’s ultimate founder bootcamp of the year by bringing your co-founder or partner for freeBook before the BOGO deal expires Register Now Newsletters See More Subscribe for the industry’s biggest tech news Related Apps From restaurant guides to payments, here’s how TikTok is building a super app Aisha Malik 2 days ago AI Anthropic just launched tools to show companies what their AI spending is buying Tim Fernholz 4 days ago AI VCs will make billions on Anthropic’s IPO, but Amazon is set to make much (much) more Marina Temkin Oct 27, 2026 Latest in AI In Brief OpenAI might rebrand its data centers as ‘AI compute campuses’ Anthony Ha 8 hours ago AI AI can make tech CEOs’ lives easier. What about everyone else? Anthony Ha 9 hours ago In Brief Apple CEO says the company doesn’t ‘want to ship AI for AI’s sake’ Anthony Ha 1 day ago

Source: TechCrunch — Published — Category: Business

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