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Anthropic lands 1.8 billion AI cloud deal with Akamai as US stocks react

Technology
Published on 8 May 2026
Anthropic lands 1.8 billion AI cloud deal with Akamai as US stocks react

Akamai’s next surge hinges on one massive compute contract

Artificial intelligence startup Anthropic has signed a $1.8 billion computing deal with Akamai Technologies, aimed at meeting demand for its AI software. The announcement helped lift Akamai’s shares, reflecting investor optimism around long-term cloud expansion with a major AI partner. The deal also positions Akamai to supply key components needed for ongoing AI development.

  • Anthropic secured a $1.8 billion computing deal with Akamai
  • The contract is designed to support growing demand for Anthropic AI software
  • Akamai’s stock rose sharply after the long-term cloud announcement
  • Investors see improved access to AI development compute components
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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