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OpenAI and Anthropic are lobbying S&P for a BBB- rating: their near-trillion-dollar valuation is hitting the credit threshold of continuous losses.

OpenAI and Anthropic are lobbying S&P for a BBB- rating: their near-trillion-dollar valuation is hitting the credit threshold of continuous losses.

Cutting-edge AI labs like OpenAI and Anthropic are seeking investment-grade credit ratings equivalent to Oracle's, a demand that tests whether rating agencies can establish a consistent set of evaluation standards for such drastically different business models. On September 9th, the Financial Times, citing sources familiar with the matter,
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European stocks suffered their biggest drop in two months! Oil prices broke $100, sounding inflation alarms, and the market bet on four interest rate hikes by the ECB and the Bank of England.

European stocks suffered their biggest drop in two months! Oil prices broke $100, sounding inflation alarms, and the market bet on four interest rate hikes by the ECB and the Bank of England.

Brent crude oil broke through $100 a barrel for the first time since July, European stock markets were hit hard, inflation expectations rose sharply, and traders immediately increased their bets on significant interest rate hikes by the European Central Bank and the Bank of England. The Stoxx Europe 600 index
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