Key facts
- Anthropic secured a BB+ credit rating from Kroll Bond Rating Agency.
- Wall Street banks are preparing $60 billion in financing for Anthropic's AI chip investments.
- A $35 billion financing package includes $4.4 billion in subordinated debt.
- Subordinated debt carries an 8.5% interest rate, compared to 5.75% for senior debt.
- Third-quarter revenue reached $16.8 billion, a 45% increase from the prior quarter.
Anthropic has obtained a BB+ credit rating from Kroll Bond Rating Agency, with a positive outlook, as major banks prepare to finance its expanding artificial intelligence chip infrastructure. The rating applies to approximately $4.4 billion in subordinated debt within a $35 billion financing package led by Apollo Global Management. Subordinated debt carries an 8.5% interest rate, while senior debt is at 5.75%. Separately, banks are arranging another $60 billion to support Anthropic's purchase of custom AI chips, including $18 billion in subordinated debt linked to infrastructure developed with Google and Broadcom. The company reported third-quarter revenue of $16.8 billion, a 45% increase from the previous quarter, and has committed $150 million to U.S. AI research.