StocksMedium•17 October 2026•
1 min read
Anthropic Offers Blackstone Double-Digit Yield for AI Chip Financing
Key Facts
1Anthropic offered Blackstone a double-digit yield in its latest financing round for AI chips.
2High borrowing costs are complicating the AI lab's goal of achieving investment-grade status.
Anthropic offered Blackstone a double-digit yield in its latest financing round for AI chips, the Financial Times reported. The AI lab is seeking specialized capital to procure essential hardware, though high borrowing costs are complicating the company's long-term goal of achieving an investment-grade credit status.
Blackstone (BX) shares closed at $106.61 on October 16, 2026, after trading between a session low of $105.97 and a high of $110.94. This potential private credit deal highlights the intense demand for AI infrastructure funding as major industry players navigate high interest rate environments to secure necessary hardware.