Akamai-Anthropic Deal’s Magnitude Is Impressive, Says Piper Sandler — Live Feedhttps://www.live-feeds.com/feed/akamai-anthropic-deal-s-magnitude-is-impressive-says-piper-sandlerContinuously updated, source-cited coverage. Akamai Secures Massive Cloud Deal With Anthropichttps://www.live-feeds.com/feed/akamai-anthropic-deal-s-magnitude-is-impressive-says-piper-sandlerhttps://www.live-feeds.com/feed/akamai-anthropic-deal-s-magnitude-is-impressive-says-piper-sandler#u86201Sun, 27 Sep 2026 12:21:37 +0000Akamai shares surged following the announcement of a massive cloud partnership with Anthropic. According to TechCrunch, Anthropic will pay Akamai $11.6 billion over seven years in the cloud agreement. Some financial reports indicate the total partnership value could reach up to $20 billion. Piper Sandler described the magnitude of the deal as impressive, stating it shifts Akamai from a value asset into a hypergrowth one. Analysts subsequently raised their price targets for the company following the announcement.Why it mattersCloud infrastructure providers are capturing significant investments