Anthropic to pay Akamai $11.6 billion over seven years in cloud deal
Anthropic has committed to pay Akamai Technologies $11.6 billion over seven years for cloud infrastructure and services. The agreement focuses on CPU-based distributed inference across Akamai network locations. As part of the arrangement, Akamai is granting Anthropic a warrant for a stake of up to 5% of its stock, which grows as spending increases. The multi-year commitment caused Akamai stock to surge following the announcement. Additional agreements with companies like Lenovo and Jabil further extended the market rally for Akamai shares.
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- ✓ Anthropic committed to pay Akamai $11.6 billion over seven years for cloud services.
- ✓ Akamai granted Anthropic a warrant for up to a 5 percent stake in its stock.
- ✓ Shares of Akamai surged following the announcement of the agreement.
What changed
Anthropic struck a massive multi-year cloud computing agreement with Akamai involving billions in spending and an equity warrant.
Live updates
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Anthropic Signs $11.6 Billion Cloud Deal With Akamai
Anthropic has committed to pay Akamai Technologies $11.6 billion over seven years for cloud infrastructure and services. The agreement focuses on CPU-based distributed inference across Akamai network locations. As part of the arrangement, Akamai is granting Anthropic a warrant for a stake of up to 5% of its stock, which grows as spending increases. The multi-year commitment caused Akamai stock to surge following the announcement. Additional agreements with companies like Lenovo and Jabil further extended the market rally for Akamai shares.
Why it matters
This infrastructure agreement marks a significant departure from the heavy reliance on Nvidia graphics processing units that currently dominates the artificial intelligence sector. By utilizing Akamai network edge locations for CPU-centered inference, Anthropic is diversifying its hardware computing capabilities. Financial analysts at Piper Sandler noted the sheer magnitude of the arrangement could shift Akamai from a value asset into a hypergrowth one.
What is confirmed
- Anthropic committed to pay Akamai $11.6 billion over seven years for cloud services.
- Akamai granted Anthropic a warrant for up to a 5 percent stake in its stock.
- Shares of Akamai surged following the announcement of the agreement.
Still unconfirmed
- The total value of the bet on CPUs could eventually grow to about $20 billion.
What to watch next
- Whether Anthropic expands its cloud spending toward the rumored $20 billion threshold.
- Performance results of CPU-based distributed inference across Akamai edge locations.
confidence 90%Sources used for this update (17)
- Reuters — Akamai signs $11.6 billion cloud deal with Anthropic, grants warrant for up to 5% stake
- Bloomberg.com — Anthropic Strikes $12 Billion AI Computing Deal With Akamai
- WSJ — Anthropic to Pay Akamai Technologies $11.6 Billion Over Seven Years for Cloud Services
- Investor's Business Daily — Akamai Stock Surges On Anthropic AI Computing Agreement
- GlobeNewswire — Akamai Announces $11.6 Billion Multi-year Agreement with Anthropic to Support Growing Demand
- Yahoo Finance — Akamai-Anthropic Deal’s Magnitude Is Impressive, Says Piper Sandler – Sees It Shift From Being A Value Asset To A Hypergrowth One
- Yahoo Finance — Akamai lands $11.6 billion Anthropic deal, shares soar
- Seeking Alpha — Biggest stock movers Friday: AKAM, NXH, TWLO, and more
- TechCrunch — Anthropic to pay Akamai $11.6 billion over seven years in cloud deal
- Seeking Alpha — Akamai extends Anthropic rally with Lenovo, Jabil deals (AKAM:NASDAQ)
- Yahoo Finance — Premarket movers: Akamai surges on Anthropic deal , Comcast and Twilio slip
- techcrunch.com — Anthropic to pay Akamai $11.6 billion over seven years in cloud deal
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