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Anthropic likely to get high junk credit rating after IPO, raising funding costs.

Market News
31 Oct 2026, 00:52 WIB
TechCrunch
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Bearish
Anthropic likely to get high junk credit rating after IPO, raising funding costs.

Anthropic is expected to receive a high "junk" credit rating from agencies following its IPO, according to the Financial Times. Blackstone, a major investor in Anthropic's $63 billion chip financing deal, now predicts a double B rating, the top tier of speculative junk status, reversing its earlier expectation of an investment-grade rating. This downgrade could increase Anthropic's borrowing costs and complicate future fundraising as the AI lab has been spending heavily on computing power. Anthropic recently filed to go public, stirring speculation about its impact on the AI industry.

Anthropic's expected high 'junk' credit rating after its IPO provides context for readers following tech sector dynamics. For readers following technology stocks, here is Pluang's market snapshot as of Oct 31, 2026 04:12 WIB: Of 150 priced Technology-sector US stocks, 29 rose and 121 fell today. Notable movers include QCOM at USD 164.90 with an 11.06% drop and a typical hold time of 88 days, DELL at USD 423.80 down 10.84% with a 57-day hold, and DOCN at USD 89.15 down 10.82% with a 44-day hold. Pluang order activity shows QCOM heavily sold at 86% sell vs 14% buy, while DELL and DOCN had more balanced buy interest at 63% and 60% respectively.

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