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3 outlets·3 reports·over 23h

Anthropic signs $11.6bn Akamai cloud deal and gets warrant for 5% of Akamai

ThinkingNews Desk · how this was written

Anthropic has entered a seven-year, $11.6 billion cloud-infrastructure agreement with Akamai, with an option to expand the contract to $20 billion. Akamai issued Anthropic warrants for 5% of its common stock at an exercise price of $111.33 and plans $5.5 billion in capital expenditures to support the deal, which begins in late 2025. Akamai shares rose more than 17% in after-hours trading.

Written from all 3 reports below, not from any single one.

How it was reported

  1. The Next Web·
    Anthropic signs $11.6bn Akamai cloud deal and gets warrant for 5% of Akamai

    Anthropic signed a seven-year, $11.6 billion cloud infrastructure agreement with Akamai, with an option to expand the contract to $20 billion. Akamai issued Anthropic warrants for 5% of its common stock at an exercise price of $111.33. Akamai plans to invest $5.5 billion in capital expenditures to support the deal, which commences in late 2025.

  2. TechMeme·
    Anthropic commits to spending $11.6B over seven years on Akamai cloud services and secures an option to take a stake of up to 5%; AKAM jumps 17%+ after hours (Harshita Mary Varghese/Reuters)
  3. TechCrunch·
    Anthropic to pay Akamai $11.6 billion over seven years in cloud deal

    Anthropic committed $11.6 billion over seven years to Akamai’s cloud infrastructure, marking the largest deal in Akamai’s history. The agreement includes warrants allowing Anthropic to acquire up to 5% of Akamai’s stock based on spending milestones. Akamai plans to invest $5.5 billion in capacity to support Anthropic’s increasing demand for CPU-based AI workloads.

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