Anthropic likely to get a 'junk' credit rating after its stock sale, FT reports
Investment firm Blackstone reportedly reversed an earlier prediction that the AI lab would be rated low-risk.
Anthropic, the maker of the Claude chatbot, is expected to receive a "junk" credit rating after it starts selling stock to the public, the Financial Times reported, according to TechCrunch. A credit rating is a grade that tells lenders how likely a borrower is to repay. "Junk" means riskier than average, so borrowing usually costs more.
The FT said Blackstone, a big New York investment firm, told investors it now expects a double-B rating. That is the highest level of junk. Blackstone had earlier predicted Anthropic would earn an "investment grade," or low-risk, rating before 2027, the FT reported.
Blackstone led a recent $63 billion deal to pay for Anthropic's computer chips, the FT said. Anthropic has signed many large deals for computing power over the past year, which has worried some investors, TechCrunch reported.
Anthropic filed this week to go public. The rating is only a forecast; agencies have not issued one. Anthropic and Blackstone declined to comment to TechCrunch.
Source: TechCrunch, citing the Financial Times, Oct. 30, 2026.