Akamai and Anthropic sign an $11.6 billion cloud agreement.
Akamai signed a seven-year, $11.6 billion cloud-services contract with Anthropic and granted the AI company a warrant that could convert into as much as a 5% stake.
By TomorrowNews · AI-assisted briefing · Briefing published 25 September 2026
AI-generated illustration — not a photograph of the event. Conceptual cloud-contract imagery; no company facilities or executives are shown. · TomorrowNews / AI-generated illustration
Reuters reported that the warrant lets Anthropic buy Series B shares at $111.33 each, converting into about 7.7 million Akamai common shares. Akamai shares rose 22% in extended trading after the announcement.
The deal adds a major long-term AI customer to more than $2.8 billion in other multi-year cloud infrastructure contracts Akamai announced this year, while giving Anthropic another large source of computing capacity.
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This is an original summary, not a republication of the full report.
