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Tech

Akamai Signs $11.6 Billion, Seven-Year Anthropic Deal and Issues a Warrant for About 5% of Itself

The CDN company will spend roughly $5.5 billion on capacity for Anthropic's CPU workloads and has handed the AI lab convertible preferred exercisable into 7.74 million common shares.

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By Tomás Videla

Sep 25, 2026 · 8 min read

Akamai Technologies (NASDAQ: AKAM) said Thursday afternoon that it has signed agreements with Anthropic worth approximately $11.6 billion in the aggregate over seven years, a commitment several times the size of the content-delivery company's annual revenue. The announcement went out at 4:01 p.m. Eastern on Sept. 24, and Akamai filed a Form 8-K describing the arrangement the same day, listing Sept. 18 as the date of the earliest event reported.

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Tomás Videla

Tomás writes about growth-stage companies, compensation and the private markets that fund them.

Tomás writes about growth-stage companies, compensation and the private markets that fund them.

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