Anthropic may not secure investment-grade rating after IPO, Blackstone says

What happened: Blackstone said Anthropic may not secure an investment-grade rating after its IPO, and is expected to receive a "high" junk rating instead. Why it matters: The expectation marks a shift from Blackstone's previous guidance on how the AI group would be rated.

Blackstone said Anthropic may not secure an investment-grade rating after its IPO, and is expected to receive a "high" junk rating instead.

The expectation marks a shift from Blackstone's previous guidance on how the AI group would be rated.