capital · May 16, 2026
Akamai Stock Heads Toward 26-Year High on AI Infrastructure Wins
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Akamai Technologies stock heads toward a 26-year high after large cloud infrastructure wins including a $1.8 billion seven-year deal. Akamai's Cloud Infrastructure Services segment shows accelerating growth. Akamai acquired Linode in 2022 for $900 million. The 2024 acquisition of Linode formed the backbone of Akamai's Cloud Infrastructure Services segment.
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