Akamai signs $11.6 billion, seven-year cloud agreement with Anthropic
Filed with the SEC on · Summarized by InvestorsBot
Akamai announced a seven-year, $11.6 billion contractual commitment with Anthropic to provide distributed cloud infrastructure and software for CPU workloads, with potential expansion of up to $9 billion. Akamai expects approximately $5.5 billion in related capital expenditures, including about $1.7 billion in 2026, and said the deal will not affect its 2026 revenue guidance; it also issued Anthropic a warrant tied to up to approximately 5% of Akamai’s common stock, with about 2% expected to vest initially.