Investors tell The Wall Street Journal that Anthropic's $1.5 trillion IPO valuation may need to come down—possibly closer to $1 trillion, or with the listing postponed entirely—as the AI trade sours, while Anthropic has set no price range and declined to comment. The deal, led by Goldman Sachs and Morgan Stanley and targeted for the week of November 16, 2026, would be the largest on record at up to $100 billion, and 247wallst.com says to watch for a filed price range, a held date, or a shrinking size.