Anthropic signs $11.6 billion cloud deal with Akamai, gets warrant for up to 5% stake
On September 24, Anthropic entered into a $11.6 billion cloud services agreement with Akamai Technologies. This seven-year contract has a potential expansion of an additional $9 billion, raising the total commitment to around $20 billion. The deal could lead to Akamai issuing Anthropic a warrant, potentially giving the AI company up to a 5% stake in the company.
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Also reported by 3 other outlets
- Anthropic signs $11.6 billion cloud deal with Akamai, gets warrant for up to 5% stake channelnewsasia.com
- Anthropic commits to spending $11.6B over seven years on Akamai cloud services and secures an option to take a stake of up to 5%; AKAM jumps 17%+ after hours (Harshita Mary Varghese/Reuters) reuters.com
- Akamai Surges on $12 Billion Anthropic AI Computing Deal | Closing Bell bloomberg.com