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