The New York Times reports on Wall Street's scrutiny of Anthropic's spending ahead of its Nasdaq listing, expected November 19, 2026, which could value the company at $1.4 trillion and add $100 billion to spend. Anthropic's quarterly sales grew from about $1 billion to $17 billion in a year, helped by corporate customers and software developers, but Goldman Sachs analysts privately forecast it will burn through more than $65 billion in 2027 and $41 billion in 2028, and its prospectus projects $900 billion in computing bills over two decades. In its I.P.O. video, Dario Amodei says "If we do this right, we can create an age of miracles," while analysts fault the prospectus for lacking spending detail.