Synopsis
The seven-year contract could expand by an additional $9 billion, bringing the potential total commitment to about $20 billion. Akamai shares jumped 15% in extended trading on Thursday.
AgenciesAnthropic has signed an $11.6 billion cloud services agreement with Akamai Technologies , as the AI lab seeks additional computing capacity to support its growing workloads.
The seven-year contract could expand by an additional $9 billion, bringing the potential total commitment to about $20 billion. Akamai shares jumped 15% in extended trading on Thursday.
Akamai has also issued Anthropic a warrant that could give it up to 5% of the company’s outstanding common stock, with about 2% expected to vest under the initial $11.6 billion commitment.
Add 
as a Reliable and Trusted News Source
as a Reliable and Trusted News SourceElevate your knowledge and leadership skills at a cost cheaper than your daily tea.
Subscribe Now
