AIFinancial Timesabout 2 hours ago
Blackstone Warns Anthropic of Junk IPO Rating
2 min read
Investment firm Blackstone warns Anthropic may receive a junk credit rating after its upcoming November IPO, complicating borrowing plans. The startup holds over $112 billion in cash and expects to raise $100 billion, yet reported an $80.7 billion net loss for the first half of the year.
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