Akamai Signs $11.6 Billion Cloud Deal With Anthropic, Grants Warrant for Up to 5% Stake
Anthropic has committed $11.6 billion over seven years to Akamai’s cloud, with up to $9 billion more, and received a warrant for up to about 5% of Akamai at $111.33 a share. We break down the 8-K, the four-tranche warrant, why an AI lab is buying CPUs, and what the contract does to Akamai’s revenue, capex and risk.
