Akamai, Anthropic sign $11.6 billion cloud services deal - reuters.com
Akamai, Anthropic sign $11.6 billion cloud services deal reuters.com
First reported 1 day ago · latest update 7 hours agoAkamai Technologies and Anthropic have entered into a cloud services agreement valued at $11.6 billion over a seven‑year period. Under the contract, Anthropic will pay Akamai for the use of its cloud infrastructure, artificial‑intelligence compute capacity and related services.
The agreement also includes a warrant that permits Anthropic to acquire up to 5 percent of Akamai’s common stock, subject to terms and conditions outlined in the deal. The specific exercise price for the warrant has not been disclosed.
Anthropic, a developer of large‑language‑model AI systems, will rely on Akamai’s network and cloud capabilities to support the training and deployment of its models. Akamai, traditionally known for content‑delivery and edge‑computing services, is expanding its portfolio to include more AI‑focused offerings.
The $11.6 billion figure represents the total consideration Anthropic will provide to Akamai across the contract’s duration. The warrant component provides Anthropic with an equity interest in Akamai, potentially aligning the two companies’ interests as the partnership progresses.
The deal reflects a broader trend of technology firms investing heavily in AI infrastructure, with a traditional content‑delivery provider securing a long‑term commitment from a fast‑growing AI startup. Both parties anticipate that the collaboration will enhance Anthropic’s ability to scale its models while expanding Akamai’s presence in the artificial‑intelligence services market.
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Akamai, Anthropic sign $11.6 billion cloud services deal - reuters.com
Akamai, Anthropic sign $11.6 billion cloud services deal reuters.com
1 day agoAkamai signs $11.6 billion cloud deal with Anthropic, grants warrant for up to 5% stake - Reuters
Akamai signs $11.6 billion cloud deal with Anthropic, grants warrant for up to 5% stake Reuters
1 day agoAnthropic to Pay Akamai Technologies $11.6 Billion Over Seven Years for Cloud Services - wsj.com
Anthropic to Pay Akamai Technologies $11.6 Billion Over Seven Years for Cloud Services wsj.com
1 day agoAnthropic to pay Akamai $11.6 billion over seven years in cloud deal
nthropic 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.
7 hours ago · Aditya Mehta