Artificial Intelligence
Anthropic signs $11.6bn cloud deal with Akamai
Anthropic agreed a seven-year cloud contract with Akamai Technologies and received a stock warrant, while the article also said its reported compute commitments had reached $517 billion in eleven months.
- Anthropic signed a seven-year, $11.6 billion cloud deal with Akamai Technologies, according to Reuters.
- The agreement gave Anthropic a warrant for up to 5 per cent of Akamai's stock, with part of that linked to expansion.
- Akamai's shares rose 22 per cent in after-hours trading, and the company expected about $5.5 billion in capital costs plus another $1.7 billion before the end of 2026.
- Anthropic had committed $45 billion in compute capacity from Nscale last month, and the article said its reported compute deals totalled $517 billion in eleven months.
- Dario Amodei warned in December 2025 that Anthropic could go bankrupt if its estimates were wrong by a small margin, and Sam Altman also urged caution about compute spending.
Anthropic signed a seven-year, $11.6 billion cloud contract with Akamai Technologies, according to Reuters. The deal also gave Anthropic a warrant for up to 5 per cent of Akamai's stock, with 2 per cent tied to the current contract and 3 per cent linked to a further expansion of up to $9 billion.
Akamai's shares rose 22 per cent after the market closed. The company said it expected capital costs of about $5.5 billion and another $1.7 billion of spending before the end of 2026.
The article said Anthropic had committed $45 billion in compute capacity from Nscale last month. It also said the company's reported compute deals had reached $517 billion over eleven months.
The piece said the pace of spending raised questions about whether it could continue. It noted that Dario Amodei warned in December 2025 that Anthropic could go bankrupt if its estimates were off by a small margin, and that Sam Altman had also warned against unsustainable compute buildouts.
Named in this story
People
- Dario Amodei
- warned Anthropic could go bankrupt if its estimates were off
- Sam Altman
- urged caution about unsustainable compute buildouts
Companies
- Anthropic
- signed the seven-year cloud deal and has kept adding compute capacity
- Akamai Technologies
- counterparty to the deal and issuer of the stock warrant
- Nscale
- provided $45 billion in compute capacity last month
- OpenAI
- was named as another company locking in compute capacity
How the source tells it
The piece was mostly neutral and data-led, with a brief speculative note about whether the spending pace could be sustained.
- speculative caution the pace of spending is framed as an unresolved question