Anthropic: distillation is 5–7% of revenue as growth slows ahead of IPO

Anthropic told potential investors in its planned IPO that distillation accounts for 5% to 7% of revenue. Revenue growth remains rapid but is slowing, which could weigh on the company's IPO valuation.

• Distillation accounts for 5% to 7% of Anthropic's revenue
• The company met with potential IPO investors
• Revenue growth is rapid but slowing
• The slowdown could weigh on its IPO valuation