Anthropic signs $11.6B cloud deal with Akamai, stakes up to 5%
Anthropic commits $11.6 billion to Akamai's cloud platform, linking payments to a potential 5% equity stake that grows with usage.
Anthropic announced a seven‑year agreement to purchase cloud infrastructure from Akamai, valued at $11.6 billion. The deal focuses on CPU‑centric workloads and could expand to roughly $20 billion if Anthropic’s usage scales as projected.
In a distinctive clause, Akamai will grant Anthropic a conditional equity stake that may reach up to 5% of Akamai’s shares. The size of the stake will increase in proportion to Anthropic’s cumulative spend under the contract.
Both companies view the partnership as a strategic move: Anthropic secures a dedicated, high‑performance cloud environment, while Akamai gains a long‑term revenue stream and the prospect of equity participation. The arrangement underscores a broader industry trend of AI firms locking in bespoke infrastructure deals.
The terms were disclosed in a TechCrunch AI report on September 25, 2026. No additional financial or operational details were provided beyond the headline figures.
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