Akamai announces $11.6 billion multi-year agreement with Anthropic to support growing demand
AKAM•Akamai announced an $11.6 billion multi-year agreement with Anthropic, with potential expansion of up to $9 billion and a total commitment of up to $20 billion. Akamai expects a $1.70 billion increase in 2026 capital expenditures and said it anticipates no impact to its 2026 revenue guidance.
1. Agreement details
Akamai announced an $11.6 billion multi-year agreement with Anthropic to support growing demand. The agreement allows potential expansion of up to $9 billion, bringing the total commitment to as much as $20 billion; Akamai estimates capital expenditures of $5.50 billion for the $11.60 billion commitment.
2. Costs and warrant
Akamai expects a $1.70 billion increase in capital expenditures in 2026 for supply chain. It issued Anthropic a warrant for up to 7.7 million shares, representing up to 5% of common stock outstanding, at $111.33 per share; Akamai anticipates no impact to its 2026 revenue guidance.
