Anthropic to pay Akamai $11.6 billion over seven years in cloud deal
Anthropic has committed $11.6 billion over seven years to Akamai's cloud infrastructure, a bet on CPUs that could grow to about $20 billion, and in an unusual arrangement, Akamai is giving Anthropic a potential stake of up to 5% of its stock that grows as Anthropic spends more.
TL;DR
- Anthropic commits $11.6 billion over seven years to Akamai's cloud infrastructure.
- The deal's total value could increase to approximately $20 billion.
- Akamai is issuing Anthropic a warrant for up to 5% of its stock, convertible into preferred shares.
- The warrant's vesting and size are tied to Anthropic's spending with Akamai.
- This is the largest contract in Akamai's history and its first to include a warrant.
- The deal represents a significant investment in CPUs for AI infrastructure.
- Akamai expects revenue from the deal to begin in the second half of 2027.
- Akamai plans to spend approximately $5.5 billion to build out capacity and $1.7 billion on advance component purchases.