Anthropic Commits $11.6B to Akamai Cloud, Gets Option for Up to 5% Stake
Anthropic has signed an $11.6 billion cloud services agreement with Akamai Technologies over seven years, seeking additional computing capacity. Akamai will grant Anthropic an option to take a stake of up to 5% of its stock, which grows as Anthropic spends more. Akamai's shares jumped over 17% in after-hours trading following the announcement.
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Harshita Mary Varghese / Reuters : 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 — Anthropic has signed an $11.6 billion cloud services agreement with Akamai Technologies (AKAM.O), as the AI lab seeks additional computing capacity …
TechCrunch AIAditya Mehta
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.
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