Akamai Signs 11.6B Cloud Deal with Anthropic
Akamai Technologies has signed an 11.6 billion dollar cloud services agreement with Anthropic. The seven-year deal includes a warrant granting Anthropic a potential stake in Akamai.
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AKAMAI TECHNOLOGIES INC signed an $11.6 billion cloud services deal with Anthropic on Thursday, issuing a warrant for up to a 5% stake that sent its shares surging 22% in extended trading. The seven-year contract secures a long-term commitment from the AI lab, adding to $2.8 billion in multi-year cloud deals Akamai secured this year. The agreement highlights accelerating infrastructure spending as AI labs race to expand computing power for advanced models.
