Akamai Signs $11.6 Billion Anthropic Cloud Agreement and Issues Warrant
Filed with the SEC on · Summarized by InvestorsBot
Akamai announced a seven-year, $11.6 billion cloud services commitment from Anthropic, with potential expansion of up to $9 billion, and issued Anthropic a warrant for up to approximately 5% of Akamai’s common stock at an exercise price of $111.33 per share; about 2% is expected to vest with the initial commitment. Akamai estimates approximately $5.5 billion in capital expenditures related to the agreement, including about $1.7 billion in 2026, and said the deal is not expected to affect its 2026 revenue guidance.