the quarter before was a bigger change, if you don't see the broader commoditization and competition, I cannot help you
the changes started happening in July, look to the monthly numbers, and how they are being more vague
https://www.regenerator1.com/i/220528549/analyzing-anthropic...
Q1: $4.8 billion
Q2: $11.6 billion (+$6.8B and +141%, sequentially)
Q3: $16.8 billion (+$5.2B and +45%, sequentially)
That looks like less growth in Q3 than Q2 to me