Anthropic and OpenAI bankers seek post-IPO investment-grade ratings, FT reports
The Financial Times says the designation would unlock cheaper financing for the AI labs and their infrastructure partners.
TLDR
The Financial Times reports that bankers for Anthropic and OpenAI are lobbying for investment-grade credit ratings to take effect after their planned initial public offerings. Those ratings would lower borrowing costs for the companies’ AI infrastructure plans, the FT says.
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