Anthropic lands BB+ rating as Wall Street assembles $60B AI chip financing

basedjensen · x · 2026-10-17

Anthropic received a BB+ credit rating from KBRA — one notch below investment grade — ahead of a $35B chip financing deal, prompting jokes that the 'biggest private US company' carries junk credit. Wall Street banks are reportedly assembling another $60B package to finance Google and Broadcom AI chips, plus up to $42B in convertible notes for chip leases. The core concern: its expansion increasingly hinges on access to cheap debt.

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