Anthropic Signs $11.6B Cloud Deal With Akamai, Plus Warrant for 5% Stake
The AI compute gold rush just took another strange and very expensive turn. Akamai Technologies said Thursday, September 24, 2026, that it signed an $11.6 billion cloud services agreement with Anthropic — the largest AI customer commitment in Akamai’s history. The seven-year contract can grow by another $9 billion, pushing the potential total to about $20 billion. Investors liked the math: Akamai shares surged 22% in extended trading after the announcement, Reuters reported. ...