FT 报道：Anthropic IPO 后预计将获评级机构“高档垃圾级”信用评级

据《金融时报》（Financial Times）报道，Anthropic 在首次公开募股（IPO）后，预计将获得信用评级机构给出的较高“垃圾级”（junk rating）评级。

《金融时报》表示，投资巨头黑石集团（Blackstone）作为近期一项用于资助 Anthropic 芯片采购的 630 亿美元交易 的锚定投资者，已向参与该交易的投资者透露，预计这家 AI 实验室在上市后将被评为“高档”垃圾级。报道指出，黑石此前曾表达过相反观点：认为这家 Claude 开发商将在 2027 年到来之前获得投资级评级（代表出借方风险较低）。

而最新报道显示，黑石目前预计该公司的评级将落在 BB 级区间，即投机性“垃圾”评级中的最高档位。

TechCrunch 就此联系了 Anthropic 和黑石集团，双方均拒绝置评。

黑石的预测虽然只是一种预估，但高垃圾级评级自然会让 Anthropic 筹集资金的难度和成本大幅上升，从而更难为其支撑业务的大规模开支持续输血。在过去的 12 个月里，该实验室一直在大举投入，签下了多笔庞大的算力采购协议，这已经引发了投资者的担忧。

Anthropic 已于本周早些时候正式提交了上市申请，引发了一轮关于这桩规模庞大的 IPO 将如何影响整个 AI 行业的广泛讨论与猜测。

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 FT says the investment giant Blackstone, the anchor investor in a recent $63 billion deal to finance Anthropic’s chips, told investors in the deal that it expects the AI lab to receive a “high” junk rating after its IPO. Previously, the FT notes, Blackstone had said the opposite: that the Claude maker would receive an investment-grade rating (indicating low risk for lenders) before 2027 rolls around.

Now Blackstone expects double B range rating, the top tier of speculative “junk” grade, according to the reporting.

TechCrunch reached out to Anthropic and Blackstone but both declined to comment.

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. The lab has been on a spending spree, racking up large compute power deals throughout the past 12 months, which has worried investors.

Anthropic officially filed to go public earlier this week, kicking off a wave of speculation about how the massive IPO would impact the broader AI industry.