capital · May 18, 2026
Anthropic Signs $1.8 Billion Seven-Year Computing Deal with Akamai
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Anthropic signed a $1.8 billion seven-year computing agreement with Akamai Technologies to support surging demand for its AI software. The deal covers Akamai Connected Cloud services including compute, storage, networking, and container management for AI workloads and edge inference. Akamai stock rose over 40 percent in the week following the announcement with a 27 percent gain on one day and analysts including Citi and Morgan Stanley raised price targets. The contract is expected to add $20 to $25 million in quarterly revenue starting in the fourth quarter.
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