Anthropic and Akamai Strike USD 11.6 Billion Computing Agreement
Anthropic signed a seven-year, USD 11.6 billion contract with Akamai Technologies for computing power, expanding an earlier USD 1.8 billion deal. Akamai will provide CPU access as Anthropic seeks more data center capacity for its Claude tools. The agreement includes a warrant for Anthropic to buy Akamai shares and is expected to begin in the second half of next year.
Anthropic's seven-year Akamai agreement expands an earlier $1.8 billion computing pact. Akamai will provide CPU capacity, with service expected to start in next year's second half. Akamai also issued a warrant for Series B shares at $111.33, convertible into 7.7 million common shares; about 2% of its common stock vests with the contract, and the remainder over its term.
Akamai anticipates roughly $5.5 billion in related capital spending, mainly servers, chips, and networking equipment, much of it next year. It expects $150 million–$300 million in Anthropic revenue next year and about a $1.7 billion annual run rate by 2028. CEO Tom Leighton said cloud sales could soon outpace other segments.
The deal may affect AI developers, cloud customers, investors, and workers tied to data-center supply chains. More CPU capacity could support broader access to Claude-based tools, potentially changing how businesses and individuals use AI for coding and other tasks. Akamai's expanded cloud role and large capital outlay may influence competition among infrastructure providers, while warrant-linked equity could align interests but also raise governance and circular-deal concerns for investors.