Key facts
- Akamai Technologies and Anthropic signed a seven-year cloud services deal worth $11.6 billion.
Akamai Technologies and AI developer Anthropic have signed a seven-year cloud services agreement valued at $11.6 billion. The deal includes access to CPUs for AI services and a warrant for Anthropic to acquire up to a 5% stake in Akamai.
The substantial cloud services commitment and equity warrant highlight the increasing demand for AI infrastructure and the strategic partnerships forming to meet it, potentially impacting cloud providers' market share and AI developers' access to computing resources.
Akamai Technologies and AI developer Anthropic have entered into a significant seven-year agreement valued at $11.6 billion for cloud services. The deal, announced on September 24, 2026, will provide Anthropic with access to central processing units (CPUs), which are crucial for supporting the growing demand for artificial intelligence services. The contract includes an option to expand by an additional $9 billion, potentially bringing the total commitment to approximately $20 billion. Following the announcement, Akamai shares jumped 16% in extended trading. In addition to the cloud services, Akamai has issued a warrant to Anthropic, granting the right to purchase Series B shares at $111.33 each, convertible into 7.7 million shares of common stock, representing up to a 5% stake in the company. This agreement builds upon a previous computing deal between the two companies.
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