$11.6 Billion Cloud Infrastructure Deal Between Anthropic and Akamai
Under the largest deal in Akamai's history, Anthropic has committed to paying $11.6 billion for cloud infrastructure over a seven-year period.
The massive cloud infrastructure agreement signed between Anthropic and Akamai accelerates CPU infrastructure investments alongside the increasing workloads of AI agents.
Details of the Agreement
Anthropic has officially agreed to spend a total of $11.6 billion for Akamai's cloud infrastructure over a seven-year period.
Announced on Thursday, this agreement marks the largest deal in the company's history to date.
Financial Expectations
Akamai plans to begin generating revenue from this massive deal starting in the second half of 2027.
The company projects that revenues will reach an annualized run rate of approximately $1.7 billion toward the end of 2028.
Stock and Warrant Arrangements
As part of the agreement, Akamai granted Anthropic convertible preferred stock warrants at $111.33 per share.
Following this development, Akamai shares gained up to 17% in after-hours trading.