A 247wallst.com article by Rich Duprey reports that Anthropic's IPO, planned before Thanksgiving 2026, could value the company at about $1 trillion — half earlier expectations — after a selloff that erased $2.5 trillion in NASDAQ market value, with prospective investors telling the Wall Street Journal the $1.5 trillion valuation being discussed needs to fall. Anthropic posted $16.96 billion in third-quarter revenue and a $23.29 billion quarterly loss alongside $895.4 billion in future computing commitments, and the article says its listing will test whether Wall Street's appetite for AI investments is weakening, with NVIDIA CFO Colette Kress warning the labs are growing faster than their balance sheets can support.