| ▲ | AnodicElegy 4 hours ago |
| First SpaceX, now Anthropic. I wonder what happened the last time the big rating agencies gave massive amounts of sketchy debt investment-grade ratings to avoid alienating their customers? |
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| ▲ | Tangurena2 2 hours ago | parent | next [-] |
| From 2007-2008? Taxpayers bailed out the perps so that they could keep their bonuses. |
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| ▲ | collinmcnulty 4 hours ago | parent | prev | next [-] |
| Junk ratings are not investment grade. They’re rating this debt as at least a little bit sketchy. |
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| ▲ | AnodicElegy an hour ago | parent [-] | | From the article: "The rating action, which has not previously been reported, shows Anthropic is close to achieving the investment-grade status that would allow the start-up to lower its borrowing costs and tap a wider pool of institutional investors including life insurance companies and pension funds. Bankers for Anthropic and rival OpenAI have lobbied the largest rating agencies to grant the AI labs investment-grade ratings once they go public." |
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| ▲ | QuesnayJr 4 hours ago | parent | prev | next [-] |
| It's not a big ratings agency, and it's not investment grade. |
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| ▲ | nickysielicki 3 hours ago | parent | next [-] | | The point of the headline isn’t to communicate that their debt is currently rated junk, it’s to communicate that it’s impossible for their rating to improve any further without becoming investment grade. | |
| ▲ | AnodicElegy an hour ago | parent | prev [-] | | From the article: "The rating action, which has not previously been reported, shows Anthropic is close to achieving the investment-grade status that would allow the start-up to lower its borrowing costs and tap a wider pool of institutional investors including life insurance companies and pension funds. Bankers for Anthropic and rival OpenAI have lobbied the largest rating agencies to grant the AI labs investment-grade ratings once they go public." |
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| ▲ | JacobAsmuth 3 hours ago | parent | prev [-] |
| [flagged] |
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| ▲ | nozzlegear 3 hours ago | parent | next [-] | | > I asked Gemma E4b and it was able to correct this comment's mistakes. Okay thanks | | |
| ▲ | JacobAsmuth 2 hours ago | parent [-] | | Just to let you know what level we're operating at here in the comment section. |
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| ▲ | totallygeeky 3 hours ago | parent | prev [-] | | Crazy to come back and go "well i asked the lying machine and it actually said these things are wrong" | | |
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