Anthropic signs US$11.6 billion cloud deal with Akamai, gets warrant for up to 5% stake

Akamai's shares rose 21% after announcing an $11.6 billion, seven-year deal with Anthropic, the largest in its history. The agreement could expand to $20 billion. Akamai expects $150M-$300M in revenue from 2027, ramping to $1.7B annually by 2028. The company plans to spend $5.5B over two years on infrastructure, potentially pressuring margins.

Meta (META) rose 4.5% to $777.59, driven by AI strategy. Everpure (P) surged 11.15% to $121.88, reaffirming fiscal 2027 guidance. Akamai (AKAM) fell 6.78% to $110.41, then jumped 20.65% after-hours on a $11.6B AI deal. Apimeds (APUS) soared 114.85% to $4.92 on a blockchain agreement. Costco (COST) dipped 0.91% to $896.48 despite beating Q4 estimates.

Akamai Technologies shares surged 20% after announcing an $11.6B, seven-year deal with AI firm Anthropic. The agreement supports Anthropic's computing needs using Akamai's cloud infrastructure. Akamai issued a warrant for up to 5% of its stock, with vesting tied to additional spending. The deal is expected to increase Akamai's capital expenditures by $1.7B in 2026, with no impact on 2026 revenue guidance.

Akamai Technologies (AKAM) and Anthropic announced an $11 billion, seven-year AI computing agreement, with potential expansion to $20 billion. Akamai's stock rose in extended trading. The deal involves Akamai's existing infrastructure.

Akamai and Anthropic signed a $11.6B, seven-year deal, expandable to $20B. Akamai issued a warrant for 7.7M shares. The agreement focuses on CPU workload demand, with $5.5B capital expenditure. Akamai's 2026 revenue guidance remains unchanged. According to Akamai, the deal supports AI infrastructure growth.

Akamai (AKAM) signed a $11.6B, 7-year cloud agreement with Anthropic, with potential to expand to $20B. Akamai issued Anthropic a warrant for 7.7M shares at $111.33/share. Akamai expects $5.5B in capital expenditures, with no 2026 revenue guidance impact but a $1.7B increase in 2026 capex.