{
  "id": 9630246,
  "title": "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)",
  "url": "https://urgent.news/2026/09/24/anthropic-commits-to-spending-11-6b-over-seven-years-on-akamai-cloud",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-24T21:20:02.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.reuters.com/technology/akamai-anthropic-sign-116-billion-cloud-services-deal-2026-09-24/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Anthropic has committed to spending $11.6 billion on cloud services from Akamai Technologies over seven years. As part of the deal, Anthropic has secured an option to take a stake of up to 5% in Akamai. According to Channel News Asia, the 5% stake is tied to Anthropic's initial $11.6 billion commitment and potential expansion of the agreement by up to another $9 billion.\n\nAkamai shares jumped 16% in extended trading on Thursday, with Reuters reporting a jump of 17% or more. The deal is expected to require about $5.5 billion in total capital expenditure, with Akamai planning to increase its 2026 capital spending by about $1.7 billion to support the agreement.\n\nThe agreement includes a warrant that could give Anthropic a stake of up to 5% in Akamai, equivalent to about 7.7 million shares, with an exercise price of $111.33 per share. Channel News Asia reports that the deal could expand by an additional $9 billion, bringing the potential total commitment to about $20 billion.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Anthropic signs $11.6 billion cloud deal with Akamai, gets warrant for up to 5% stake",
        "url": "https://urgent.news/2026/09/24/anthropic-signs-11-6-billion-cloud-deal-with-akamai-gets-warrant-for",
        "published": "2026-09-24T20:11:04.000Z"
      },
      {
        "outlet": "Bloomberg",
        "title": "Akamai Surges on $12 Billion Anthropic AI Computing Deal | Closing Bell",
        "url": "https://urgent.news/2026/09/24/akamai-surges-on-12-billion-anthropic-ai-computing-deal-closing-bell",
        "published": "2026-09-24T20:22:32.000Z"
      },
      {
        "outlet": "SiliconANGLE",
        "title": "Akamai shares jump more than 20% on $11.6B Anthropic computing deal",
        "url": "https://urgent.news/2026/09/24/akamai-shares-jump-more-than-20-on-11-6b-anthropic-computing-deal",
        "published": "2026-09-24T22:46:43.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}