According to CoinMeta, the pre-IPO perpetual contract of Anthropic has fallen by more than 15% in the past month, resulting in the evaporation of hundreds of billions of dollars in implied valuation. The latest IPO report shows that the company's quarterly net loss reached 23.3 billion dollars, with future expenditure commitments approaching 900 billion dollars, despite a year-on-year increase in revenue of 1127%.