HYPERLIQUIDnews 10.0/10meme 6.0/10R-0102
anthropic may get a junk rating after its IPO, blackstone warns
the FT reports blackstone is telling investors that anthropic may not secure an investment-grade rating after its IPO. a second FT headline, relayed by @DeItaone, says anthropic is expected to receive a 'high' junk rating. the timing is rough. intel is down about 30%, tech stocks are in a bear market and deutsche bank is warning of an AI sell-off. house dems have also floated a 'no bailout for AI firms' resolution, and japan has asked anthropic for its best models. so the frontier lab everyone wants access to may be borrowing like a risky name just as the AI trade wobbles.
HOW TO CHECK IT YOURSELF
- read the FT report on blackstone's message to investors
- check @DeItaone's two posts quoting the FT
- look for the actual rating from the agencies once the IPO is priced
WHAT IT MEANS FOR YOU
a junk rating would mean higher borrowing costs for a company that is spending heavily, at a time when markets are already nervous about AI. nothing is final until the agencies publish their ratings.
a junk rating would mean higher borrowing costs for a company that is spending heavily, at a time when markets are already nervous about AI. nothing is final until the agencies publish their ratings.
receipt R-0102 · x: https://x.com/DeItaone/status/2116210456259916013 https://x.com/DeItaone/status/2116210625651351747 · 30 oct 16:49 utc · by data butcher