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Source TechCrunch · Published · Open the original ↗

Markets

Anthropic expected to receive high ‘junk’ rating from credit agencies following IPO, FT report says

Blackstone's forecast is just a prediction, but naturally, a high junk rating would make it more difficult and costlier for Anthropic to raise the money to keep funding its massive spending that has undergirded its business.

Anthropic is expected to receive a high “junk” rating from credit rating agencies following its initial public offering, according to a report from the Financial Times.

The opening of the report, quoted unchanged from TechCrunch. The full text continues at the source.

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