Akamai (AKAM) Wants to Be the Bouncer for Your AI Agents

Akamai Technologies (AKAM) aims to act as a protective guard for businesses utilizing AI agents, according to a September 10 announcement. The company's partnership with MuleSoft will help organizations identify and secure hidden APIs and AI agent connections that could expose sensitive data. Currently, 87% of surveyed organizations reported API security incidents in 2025, making this a pressing concern.

The partnership works both ways, with Akamai's API security checks feeding into MuleSoft's catalog of API blueprints, and Akamai providing MuleSoft with behavioral analytics and threat risk scores. Over 20 organizations have already adopted the solution, and Akamai plans to integrate native MuleSoft onboarding and enhanced AI protection later in 2026.

Akamai's financial performance, however, has been struggling. Despite a 5% increase in revenue to $1.1 billion in the second quarter, non-GAAP earnings per share fell 8% year over year, and GAAP earnings per share declined 27%. Margins also declined, with the non-GAAP operating margin dropping five points to 25%. The company holds $4.616 billion in cash and securities, providing a cushion while it navigates the challenges of shrinking profits.

Investors will be watching closely as Akamai's MuleSoft integration and cloud contracts for AI infrastructure demonstrate potential for growth, but the company's profitability remains a concern.