Akamai, Anthropic sign $11.6 billion cloud services deal
- On Thursday, Akamai Technologies signed an $11.6 billion cloud services agreement with Anthropic, with the total value potentially reaching about $20 billion if expansion options are exercised.
- Akamai expects to spend about $5.5 billion in capital to serve the contract, more than six times its 2025 capital spending, building on a $1.8 billion agreement signed in May.
- Under the deal, Akamai issued Anthropic a warrant providing up to 5 per cent of its outstanding common stock, with about 2 per cent expected to vest under the initial $11.6 billion commitment.
- Akamai shares jumped 15 per cent in extended trading Thursday, while CEO Tom Leighton said the company is "thrilled" that Anthropic chose its capabilities for building AI infrastructure at scale.
- Some Wall Street investors have raised concerns about so-called "circular AI deals" where companies invest in one another, as Anthropic has also signed compute agreements with Volta and other providers.
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(Los Angeles=Yonhap News) Correspondent Kim Kyung-yoon = Artificial intelligence (AI) company Antropic has partnered with cloud company Akamai Technologies to secure computing resources...
Akamai's 11.6 billion dollar Anthropic deal ties cloud revenue to a 5.5 billion dollar buildout
Akamai has signed a seven-year agreement under which Anthropic has committed to buy about 11.6 billion dollars of cloud capacity and related services. The contract could become much larger, but it also requires Akamai to commit substantial capital before the revenue reaches its planned run rate.
Anthropic to pay Akamai $11.6 billion over seven years in cloud deal
Anthropic has committed $11.6 billion over seven years to Akamai's cloud infrastructure, a bet on CPUs that could grow to about $20 billion, and in an unusual arrangement, Akamai is giving Anthropic a potential stake of up to 5% of its stock that grows as Anthropic spends more.
Anthropic inks US$12bn deal with Akamai
Anthropic PBC has signed an US$11.6 billion, seven-year contract with Akamai Technologies Inc for computing power, adding to the AI developer’s growing list of data center deals.Akamai is to supply Anthropic access to central processing units, or CPUs, a type of generalist chip that has seen renewed
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