Anthropic to pay Akamai $11.6 billion over seven years in cloud deal
Anthropic has committed $11.6 billion over seven years to Akamai's cloud infrastructure, a bet on CPUs that could grow to about $20 billion, and in an unusual arrangement, Akamai is giving Anthropic a potential stake of up to 5% of its stock that grows as Anthropic spends more.
Anthropic has agreed to a $11.6 billion, seven-year cloud infrastructure deal with Akamai, nearly six times larger than a 2019 collaboration reported by Bloomberg. The agreement, subject to certain conditions, marks Akamai's largest deal to date. The largest U.S. provider of cloud computing services, Akamai, expects to invest around $5.5 billion in capacity expansion.
Anthropic, known for its AI models, will pay an upfront fee and will receive warrants for nonvoting preferred stock convertible into common shares, potentially worth up to 5% of the company. The deal also signals a shift towards cloud computing for CPUs, a significant but often overlooked aspect of AI infrastructure.
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