Anthropic signs 7-year, $11.6B cloud deal with Akamai, gains warrant for up to 5% stake
Anthropic
Anthropic will spend $11.6 billion over seven years on Akamai's cloud infrastructure, Akamai's largest deal ever, potentially growing to roughly $20 billion. The deal centers on CPUs rather than GPUs for agentic workloads, and Anthropic receives a warrant to buy up to about 5% of Akamai shares at $111.33; Akamai stock jumped as much as 17% after hours.
Why it matters
First major frontier-lab compute deal built on CPU capacity for agents, with the warrant running in the unusual direction of customer-gets-supplier-equity.
Importance: 4/5
Largest deal in Akamai's history, multi-billion frontier-lab compute commitment, official+media