1. Anthropic signs $11.6 billion Akamai cloud deal over seven years

Anthropic signs $11.6 billion Akamai cloud deal over seven years

Technology

  • Anthropic agreed on Thursday to spend $11.6 billion on Akamai cloud services over seven years.
  • The contract may expand by $9 billion, raising the total potential commitment to about $20 billion.
  • Akamai expects $5.5 billion in capital expenditure, with $1.7 billion added to 2026 spending for components.
  • Anthropic received a warrant for up to 5% stake, equal to 7.7 million shares at $111.33 per share.

Source: moneycontrol.com

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