According to CoinMeta, recent discussions regarding Anthropic IPO have drawn attention. The company hopes to achieve a valuation of over $2 trillion on the stock market, yet last year, its parent company Claude AI incurred a loss of $42 billion. According to Reuters, the prospectus for Anthropic's IPO listing highlights several unreasonable aspects, including: 1. A valuation of $2 trillion based on sales of $4.6 billion, meaning investors would have to pay approximately $435 for every $1 in sales; 2. The company is operating at a loss of $8 billion, and this loss is continuing to increase; 3. The reported profits do not take into account costs such as AI model training; 4. Calculated costs exceed revenues, necessitating a significant reduction in AI operating expenses; 5. Commitments to future expenditures of $51.8 billion face uncertainties in demand; 6. Only two customers contribute nearly a quarter of the revenue, posing a high risk of customer churn; 7. Investors are also suppliers, creating a capital cycle; 8. An 80-page document IPO discusses risks, warning that the product may be dangerous; Anthropic's IPO plan may be carried out after the U.S. mid-term elections, at which time third-quarter results will be presented.