Blackstone expects Anthropic may not obtain an investment-grade rating after going public, with financing costs facing upward pressure.

On October 31, it was reported that Blackstone recently told investors that AI startup Anthropic may not obtain an investment-grade credit rating immediately after going public, and its rating is expected to be in the "BB" range. Blackstone had previously expected the company to obtain an investment-grade rating before the end of the year. Anthropic is advancing a $63 billion chip financing transaction, of which $18 billion is subordinated debt backed by its lease payments. If it fails to obtain an investment-grade rating, Anthropic's future financing channels may be limited, and its borrowing costs may also rise.