Akamai signs $11.6B deal with Anthropic in its largest contract ever

Akamai has signed a seven-year, non-exclusive agreement with Anthropic worth around $11.6 billion to support the AI model provider's growing compute workloads. Anthropic will take a 5% stake in Akamai, with the deal expandable by another $9 billion and Akamai planning $5.5 billion in CapEx.

• The seven-year deal is valued at roughly $11.6 billion
• Anthropic will become a 5% shareholder in Akamai
• The contract can expand with another $9 billion in commitments
• Akamai's CapEx will reach $5.5 billion, including $1.7 billion this year