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Akamai Signs $11.6 Billion, Seven-Year Cloud Deal With Anthropic
Filed with the SEC on · Summarized by InvestorsBot
Akamai entered agreements with Anthropic for dedicated cloud capacity and managed support services, with Anthropic committed to pay approximately $11.6 billion over seven years, subject to delivery and service requirements. Akamai also issued Anthropic a warrant for up to 387,051 Series B preferred shares, convertible into 7.74 million common shares, with vesting tied to payments and additional commitments; the company estimates approximately $5.5 billion in related capital expenditures, including about $1.7 billion in 2026.