Akamai announces seven-year $11.6 billion cloud-services commitment from Anthropic
On September 24, 2026, Akamai announced a seven-year, $11.6 billion cloud-services commitment from Anthropic to support Anthropic's growing CPU workload demand using Akamai Cloud's distributed AI infrastructure and software. The commitment may be expanded by up to a further $9 billion.
The core development is a material, forward-looking seven-year cloud-services commitment between Anthropic and Akamai that commits future infrastructure spending and capacity. I corrected the rounded $12 billion figure in the initial headline to the more precise $11.6 billion amount explicitly provided in the detailed context; the commitment may also expand by up to a further $9 billion. The exact announcement time is not disclosed, so the timestamp is normalized to the stated announcement date, September 24, 2026, rather than using a source-publication timestamp. Commercial_agreement is the most specific development type. AKAM is the only approved stakeholder because Akamai is the direct public-company counterparty; the potential effects on chip, equipment, cloud, and colocation companies are indirect and not supported by project-specific procurement evidence. The development remains a non-duplicate continuation of existing event 4290.
*ANTHROPIC STRIKES $12 BILLION DEAL WITH AKAMAI FOR AI COMPUTING
Anthropic strikes $12 billion deal with Akamai for AI computing.|FJ
Akamai Technologies NASDAQ:AKAM shares surged 21% after the IT services company signed a $11.6 billion cloud services deal with AI lab Anthropic.
Akamai Technologies (AKAM) rallies 20% after the cloud provider inked a seven-year $11.6 billion deal to provide computing power to Anthropic.
Akamai Technologies (AKAM) shares soar after the cloud provider inked a seven-year $11.6 billion deal to provide computing power to Anthropic.
Analysts say the deal should boost Akamai’s growth and its profitability profile looks attractive, given the contract is entirely focused on CPUs.