Blackstone Group Inc is trading 4.3% down at $110.00 following reports that the firm is arranging a massive $36 billion private credit package for AI startup Anthropic.

  • The financing is intended to fund Anthropic’s AI chip and TPU build-out, representing a large and complex capital commitment.
  • Investors are reportedly reassessing near-term risk and capital deployment strategies, weighing the scale of the deal against long-term AI growth potential.
  • The pre-market move follows a prior close of $114.91, signaling notable selling pressure ahead of the market open.