BREAKING: Major investors are “increasingly skeptical” that Anthropic’s IPO can proceed at the expected valuation of $1.5 trillion after today’s market drop, per WSJ. One major investor said Anthropic’s valuation will need to come down to $1 trillion. This marks a major reversal from the $2+ trillion closing market cap expected by markets just months ago. Anthropic has been planning to IPO prior to Thanksgiving. It’s unclear if today’s crash will impact that timeline.