Anthropic's revenue growth appears to be cooling as the company prepares for its public debut, adding to investor concerns about the artificial intelligence sector.
The AI startup, which has attracted billions in funding to compete with OpenAI and other competitors, is expected to file for an initial public offering in coming months. But signs of moderating expansion could complicate those plans and fuel broader skepticism about whether AI companies can justify lofty valuations.
Anthropically's slowdown mirrors concerns that have dogged other AI firms as growth rates normalize following the industry's explosive expansion following the 2022 launch of ChatGPT.
