Akamai Stocks Jump Following $1.8B Anthropic Cloud Deal
TNW
Sunday, May 10, 2026
- •Akamai announced a $1.8 billion, seven-year cloud services contract with Anthropic.
- •The agreement represents the largest single contract in the history of the content delivery network provider.
- •Akamai stock rose 27% following the announcement of its pivot toward AI infrastructure.
Akamai has officially entered into a seven-year, $1.8 billion cloud computing agreement with Anthropic. This development represents the largest single contract in Akamai’s history and marks a significant shift for the company, which is traditionally known for its content delivery network (a distributed server system for fast web content loading).
The news resulted in a 27% increase in Akamai’s stock price. The partnership is a central component of the company’s strategic transition toward supporting AI infrastructure, validating its efforts to adapt its existing distributed network for the growing needs of AI-driven cloud services.