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.
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Anthropic has committed to spending $11.6 billion over seven years on cloud infrastructure from Akamai, making it the largest deal in Akamai's history. This deal is more than six times larger than a previously reported agreement between the two companies and reflects growing demand for CPUs, general-purpose chips that handle tasks like running code and browsing the web, as AI agents take on more responsibilities. As part of the arrangement, Akamai gave Anthropic a warrant to potentially buy shares representing up to about 5% of the company's stock, with the stake growing as Anthropic spends more, a structure similar to deals AMD made with another AI company. The commitment depends on Akamai meeting certain service requirements, and either company can end the agreement under certain conditions.
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