Akamai and Anthropic signed a seven-year $11.6 billion cloud services deal. The agreement may expand by up to $9 billion more. Akamai issued a warrant to Anthropic for up to 5% of its stock. 2% of that warrant vests immediately with today’s commitment. The remaining 3% vests as Anthropic spends up to $9 billion more. Each extra $3 billion spent vests another 1% of Akamai stock. The warrant’s exercise price is $111.33 per share. The deal supports Anthropic’s growing CPU workload demands. Akamai’s cloud will provide the distributed AI infrastructure. The commitment adds to Akamai’s $2.8 billion in prior cloud deals this year.
What changed
Existing multi-year Cloud Infrastructure Services commitments totaled over $2.8 billion this year.
What it unlocks
Anthropic can now scale CPU workloads using Akamai Cloud’s distributed AI infrastructure.
- $11.6 billion over seven years
- up to $20 billion total potential commitment
- 2% of Akamai stock vested now
- up to 5% of Akamai stock total
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