Anthropic commits $11.6B to Akamai’s cloud over seven years
TL;DR
- On 24 September Akamai announced a $11.6 billion, seven-year agreement to run Anthropic's CPU workloads on Akamai Cloud, with an option for up to $9 billion more.
- Anthropic gets a warrant for up to about 5% of Akamai's stock at $111.33 a share, vesting as it spends. Akamai expects about $5.5 billion of capital spending to serve the contract.
- Akamai's shares rose more than 20% in after-hours trading, SiliconANGLE reported.
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