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Anthropic signs $11.6 billion cloud deal with Akamai, pushing its compute spending past $500 billion in under a year

The Decoderby Matthias Bastian ()1 min read2 · 1 read
AI summary · grok-4.7Summaries by Vani AI

Anthropic signed a seven-year $11.6 billion Akamai cloud deal, lifting reported compute commitments past $517 billion.

Anthropic signed a seven-year, $11.6 billion cloud deal with Akamai Technologies, according to Reuters. The pact includes a warrant for up to 5 percent of Akamai stock: 2 percent tied to the current contract and another 3 percent if the deal expands by up to $9 billion. Akamai shares jumped 22 percent after hours; the company expects about $5.5 billion in capital costs and an extra $1.7 billion in spending before the end of 2026. With a $45 billion Nscale commitment last month, Anthropic has reportedly closed about $517 billion in compute deals in eleven months.

Key facts
  • Anthropic signed a seven-year $11.6 billion cloud capacity deal with Akamai.
  • A warrant covers up to 5 percent of Akamai stock if the deal expands.
  • Akamai shares rose 22 percent after hours following the announcement.
  • Reported Anthropic compute commitments now total about $517 billion in eleven months.
  • Amodei and Altman have both warned that compute spending may prove unsustainable.
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From the original article

1 min read at the-decoder.com

Anthropic has reportedly signed a seven-year, $11. 6 billion cloud deal with Akamai Technologies and will receive a warrant for up to 5 percent of Akamai's shares. Its compute deals have reportedly totaled $517 billion in 11 months.

The Decoder

By Matthias Bastian · the-decoder.com

Read the full article at The Decoder

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.