Why Akamai Technologies (AKAM) Is Up 9.0% After Massive Anthropic AI Cloud Deal - And What's Next

Akamai Technologies, Inc. announced in September 2026 that Anthropic committed US$11.60 billion over seven years to use Akamai Cloud’s distributed AI infrastructure, with the agreement potentially expanding to about US$20.00 billion and accompanied by warrants for Anthropic to acquire up to roughly 5% of Akamai’s equity via non-voting convertible preferred shares. This long-term AI infrastructure partnership, alongside Akamai’s 2027 earnings guidance of approximately US$150 million to...