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● LIVE Updated 1h ago · 14 sources tracked

Akamai signs $11.6 billion cloud deal with Anthropic, grants warrant for up to 5% stake

Akamai Technologies has signed an $11.6 billion cloud services deal with Anthropic, a fast-growing AI company. The agreement secures a long-term commitment from Anthropic and includes a warrant that could give Anthropic up to 5% stake in Akamai. This deal has caused Akamai's shares to surge. The deal is over seven years.

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⚡ Key Developments & Real-Time Context
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  • ✓ Akamai signs $11.6 billion cloud deal with Anthropic
  • ✓ The deal is over seven years
  • ✓ Akamai grants warrant for up to 5% stake in the company to Anthropic
🛡️ Source Corroboration: 14 independent reporting domains (85% confidence) ⏱ Read time: ~2 min

What changed

Akamai's stock price increased significantly after the announcement of the deal.

Live updates

  1. Akamai signs $11.6 billion cloud deal with Anthropic

    Akamai Technologies has signed an $11.6 billion cloud services deal with Anthropic, a fast-growing AI company. The agreement secures a long-term commitment from Anthropic and includes a warrant that could give Anthropic up to 5% stake in Akamai. This deal has caused Akamai's shares to surge. The deal is over seven years.

    Why it matters

    This deal highlights the growing demand for cloud services, especially from AI companies. Akamai, a cloud services provider, is expanding its offerings to meet this demand. The deal also shows the increasing importance of AI in the tech industry.

    What is confirmed

    • Akamai signs $11.6 billion cloud deal with Anthropic
    • The deal is over seven years
    • Akamai grants warrant for up to 5% stake in the company to Anthropic

    Still unconfirmed

    • Akamai signs $12 billion cloud deal with Anthropic

    What to watch next

    • Akamai's stock performance in the coming days
    • Anthropic's future growth and developments in AI
    • Details on how the deal will be executed over the seven-year period
    Sources used for this update (15)
    1. Reuters — Akamai signs $11.6 billion cloud deal with Anthropic, grants warrant for up to 5% stake
    2. Bloomberg.com — Anthropic Strikes $12 Billion AI Computing Deal With Akamai
    3. WSJ — Anthropic to Pay Akamai Technologies $11.6 Billion Over Seven Years for Cloud Services
    4. Investing.com — Akamai lands $11.6 billion Anthropic deal, shares soar
    5. Investor's Business Daily — Akamai Stock Surges On Anthropic AI Computing Agreement
    6. Yahoo Finance — Akamai’s $11.6B Deal With Anthropic Is Not a Cloud Contract – It Is an Equity Bet on the Model Layer
    7. GlobeNewswire — Akamai Announces $11.6 Billion Multi-year Agreement with Anthropic to Support Growing Demand
    8. Seeking Alpha — Biggest stock movers Friday: AKAM, NXH, TWLO, and more
    9. TechCrunch — Anthropic to pay Akamai $11.6 billion over seven years in cloud deal
    10. www.channelnewsasia.com — Akamai signs $11.6 billion cloud deal with Anthropic, grants warrant for up to 5% stake
    11. www.straitstimes.com — Akamai signs $14.8 billion cloud deal with Anthropic, grants warrant for up to 5% stake
    12. www.straitstimes.com — Wall Street rises as Microsoft and AI stocks rally
    confidence 85%
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