Anthropic may not secure investment-grade rating after IPO, Blackstone tells investors: Report

Blackstone has cautioned investors that Anthropic may struggle to secure an investment-grade credit rating following its anticipated initial public offering (IPO), according to a Financial Times report.

The investment firm expects the AI company to receive a 'high' junk rating, marking a shift from its earlier guidance.

The assessment highlights potential concerns around Anthropic’s creditworthiness as it prepares for a possible public listing.