Akamai Lands $11.6 Billion Anthropic Cloud Deal With Up to 5% Stake Warrant

Akamai Technologies has secured an $11.6 billion, seven-year cloud services agreement with Anthropic, giving the AI company access to additional computing infrastructure while granting it a warrant that could eventually give it a stake of up to 5% in Akamai. The deal, announced on September 24, highlights the enormous infrastructure requirements of expanding AI workloads and creates an unusual link between an AI model developer and the cloud provider supporting its computing needs.