Anthropic commits to spending $11.6B over seven years on Akamai cloud services and secures an option to take a stake of up to 5%; AKAM jumps 17%+ after hours (Harshita Mary Varghese/Reuters)
Anthropic is locking in Akamai capacity with a multiyear cloud-services commitment tied to a possible equity upside.
The agreement is worth $11.6 billion over seven years, according to Reuters via Techmeme's note. Anthropic also secured an option to take a stake of up to 5% in Akamai. Akamai shares rose more than 17% in after-hours trading after the news.
The agreement is worth $11.6 billion over seven years, according to Reuters via Techmeme's note. Anthropic also secured an option to take a stake of up to 5% in Akamai. Akamai shares rose more than 17% in after-hours trading after the news.
score 8