Anthropic's $11.6B Akamai Deal Sends AKAM Up 17% — SkimNews
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- Anthropic signed a seven-year, $11.6 billion cloud services agreement with Akamai Technologies and secured an option to acquire up to a 5% equity stake in the company.
- Akamai Technologies (AKAM) shares jumped more than 17% in after-hours trading following the announcement of the deal.
Why it matters: Anthropic is locking in a multi-year compute commitment through Akamai as an alternative cloud provider, and the up-to-5% equity option signals the relationship extends well beyond a standard vendor contract. For Akamai shareholders, the 17%+ after-hours surge reflects the market pricing in a major new revenue stream from a leading AI lab.
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