Anthropic IPO Could Receive Junk Credit Rating Despite $800 Billion AI Spending Plan

The post Anthropic IPO Could Receive Junk Credit Rating Despite $800 Billion AI Spending Plan appeared first on Coinpedia Fintech News

Anthropic is expected to receive a high-yield, or “junk,” credit rating from major agencies following its IPO, which could take place as soon as November, according to the Financial Times. Blackstone has reportedly told investors that Anthropic is unlikely to secure an investment-grade rating immediately after listing. The firm is also working with banks that …