Akamai Technologies has signed an $11.6 billion, seven-year contract with AI company Anthropic to support CPU workloads on its cloud platform. This deal, the largest in Akamai's history, focuses on CPUs rather than the more common GPUs in AI cloud contracts. Anthropic also has an option to increase the deal by $9 billion, potentially reaching $20 billion. Akamai issued Anthropic warrants for about 5% of its common stock as part of the agreement. The contract is expected to start generating revenue in the second half of 2027, but will not be profitable this year. Akamai's shares rose sharply following the announcement.
Following the announcement of Akamai's $11.6 billion cloud deal with Anthropic, Akamai's shares surged by 7.42% on Pluang as of Sep 25, 2026 21:41 WIB, trading at USD 118.60. Despite this rise, the stock remains well below its 52-week high of USD 161.14 and above its 52-week low of USD 71.97, indicating room for volatility. Notably, Pluang order activity shows a strong sell sentiment with 97% of orders being sell compared to only 3% buy.
Akamai Technologies surged 15% after signing a $11.6 billion, seven-year cloud infrastructure deal with AI company Anthropic, marking a shift in AI compute providers. The deal focuses on Anthropic's CPU workloads running on Akamai's distributed cloud...
Akamai Technologies secured an $11.6 billion, seven-year cloud services deal with AI firm Anthropic, highlighting strong demand for its infrastructure. Despite this, Akamai's stock dropped 6.78% in one day, though it gained 9.61% over the month. Anal...
Fastly's stock fell 7% following its Investor Day event despite no negative news, suggesting profit taking after a strong prior run. Meanwhile, peers Cloudflare and Akamai saw their shares rise, indicating the sell-off was specific to Fastly rather t...
