据《金融时报》报道，Anthropic 在首次公开募股（IPO）后预计将从信用评级机构获得高“垃圾级”评级。
Anthropic is expected to receive a high “junk” rating from credit rating agencies following its initial public offering, according to a report from the Financial Times.
《金融时报》称，投资巨头贝莱德（Blackstone）——近期一项为 Anthropic 芯片采购提供 630 亿美元融资的交易中的锚定投资者——已告知该交易投资者，预期这家 AI 实验室上市后将获得“高”垃圾级评级。此前，《金融时报》指出，贝莱德曾表示相反预期：即这家 Claude 制造商将在 2027 年到来前获得投资级评级（表明对贷款人风险较低）。
The FT says the investment giant Blackstone, the investment giant and anchor investor in a recent $63 billion deal to finance Anthropic’s chips, told investors in the deal that it expects the AI lab to receive a “high” junk rating after its IPO. Previously, the FT notes, Blackstone had said the opposite: that the Claude-maker would receive an investment-grade rating (indicating low risk for lenders) before 2027 rolls around.
据报道，贝莱德现在预期评级将处于双 B 范围，即投机性“垃圾级”的最高档。
Now, Blackstone expects double B range rating, the top tier of speculative “junk” grade, according to the reporting.
TechCrunch 曾联系 Anthropic 和贝莱德置评，但双方均拒绝置评。
TechCrunch reached out to Anthropic and Blackstone but both declined to comment.
贝莱德的预测仅是预判，但高垃圾级评级自然会使 Anthropic 融资更加困难且成本更高，从而难以维持支撑其业务的巨额支出。过去 12 个月，该实验室一直在大举支出，达成多项大规模算力交易，令投资者担忧。
Blackstone’s forecast is just a prediction, but naturally, a high junk rating would make it more difficult and costlier for Anthropic to raise the money to keep funding its massive spending that has undergirded its business. The lab has been on a spending spree, wracking up large compute power deals throughout the past 12 months, which has worried investors.
Anthropic 本周早些时候正式提交上市申请，引发市场对这笔巨额 IPO 将如何影响更广泛 AI 行业的广泛猜测。
Anthropic officially filed to go public earlier this week, kicking off a wave of speculation about how the massive IPO would impact the broader AI industry.