Anthropic is expected to receive a high-yield rating from major agencies after its IPO, according to the Financial Times. The company plans to spend more than $800 billion on computing infrastructure through 2045.
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. However, an investment-grade rating is considered central to Anthropic's ability to fund its AI expansion.
The firm is also working with banks that provided financing to sell the debt to other investors. Meanwhile, Anthropic expects to spend more than $800 billion on computing infrastructure between now and 2045, as AI infrastructure financing faces growing scrutiny.
Source: Coinpedia Fintech News
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