GoKawiilAnthropic commits $11.6B to Akamai cloud deal over seven years
Akamai announced Thursday that Anthropic will spend $11.6 billion on its cloud infrastructure over seven years, dwarfing a $1.8 billion deal reported in May. The agreement, contingent on Akamai meeting delivery and availability benchmarks, is the largest in Akamai's history and centers on CPU capacity rather than the GPUs more commonly associated with AI training. Akamai also issued Anthropic a warrant convertible into up to roughly 5% of its common shares, with additional spending commitments unlocking more equity.
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The deal signals growing demand for CPU-based infrastructure as AI agents take on general-purpose computing tasks like running code, a less-discussed segment of AI infrastructure spending than GPU-heavy training. Tying equity to spending commitments could align Akamai's incentives with Anthropic's continued growth, though the arrangement's cancellation clauses suggest both sides retain flexibility. Akamai executives project meaningful revenue only starting in 2027, indicating the buildout and payoff will take years to materialize.
- Anthropic will pay Akamai $11.6 billion over seven years, six times a prior $1.8 billion deal reported in May.
- Akamai issued Anthropic a warrant for up to about 5% of its stock, with more equity unlocking as spending grows, potentially reaching $20 billion total.
- Akamai expects no 2026 revenue from the deal, with $150-300 million in 2027 and an annual pace of $1.7 billion by end of 2028.
Source: techcrunch.com — Aditya Mehta, 2026-09-25
Published there as: “Anthropic to pay Akamai $11.6 billion over seven years in cloud deal”
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