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AI-based credit rating firm ranks OpenAI debt as junk and Anthropic as investment grade

10/12/2026 — 10/12, 19:16·1 sources (all)·1 reports (all)

Key takeaways

  • An AI-powered credit rating startup has evaluated OpenAI and Anthropic, labeling OpenAI's debt as junk-grade and Anthropic as barely investm…

Background & analysis

On October 12, 2026, Forbes Innovation reported that an AI-powered credit rating startup assessed the finances of OpenAI and Anthropic, concluding that OpenAI's debt falls into junk territory while Anthropic only just reaches investment grade. According to the report, both OpenAI and Anthropic are spending hundreds of billions of dollars to build AI, and the rating firm is using AI technology itself to judge their finances. The assessment drew attention to the massive spending patterns of leading AI companies and their ability to service debt. The available material stops at the rating outcome: it does not name the startup, describe its rating methodology, or provide detailed financial figures for either company, and neither OpenAI nor Anthropic is said to have responded.

AI-generated from 1 reports · updated 8 hours ago

Latest turnAccording to Forbes Innovation, an AI-powered credit firm has evaluated the finances of OpenAI and Anthropic, rating OpenAI debt as junk and Anthropic as barely investment grade. This analysis sheds light on growing scrutiny over the massive cash burn and financial health of top AI labs.

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  1. According to Forbes Innovation, an AI-powered credit firm has evaluated the finances of OpenAI and Anthropic, rating OpenAI debt as junk and Anthropic as barely investment grade. This analysis sheds light on growing scrutiny over the massive cash burn and financial health of top AI labs.

    Forbes InnovationAI score 64

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