GoKawiil
Tech News
Jim Cramer highlighted Cloudflare, Akamai and Fastly as beneficiaries of surging internet traffic driven by AI agents, with Fastly up 159% year to date, Cloudflare up 78%, and Akamai up 22%. He noted Akamai's recent $11.6 billion, seven-year computing capacity deal with Anthropic, and said Cloudflare's CEO reported AI agent traffic has already exceeded human traffic on its network.
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.
CipherCue analyzed 44,143 European companies with an identifiable content delivery network and found 39,547 of them, or 89.6%, run behind Cloudflare. Amazon's CloudFront trails far behind at 3,112 companies, followed by Fastly with 1,299 and Akamai with 396. The figures only cover firms that use a CDN at all, excluding those serving sites directly from their own servers.