Anthropic may receive a speculative rating after going public

Developer Anthropic will face a so-called "junk" credit rating from agencies following its initial public offering. According to a new report, the company's financial position falls into speculative reliability categories.

Such forecasts are linked to the high costs of developing and training large language models, as well as the need for massive investments in computing infrastructure. Against the backdrop of heavy capital expenditures on data centers, credit institutions assess the debt risks of tech giants as being above investment grade.

Receiving a speculative credit rating is standard practice for fast-growing AI companies in the expansion phase. This may affect the terms for raising debt capital to build new data centers and purchase specialized accelerators.