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Akamai signs $11.6 billion cloud deal with Anthropic, grants warrant for up to 5% stake
Akamai Technologies signed an $11.6 billion cloud services deal with Anthropic on Thursday, and issued a warrant that could give the AI lab up to 5% stake in the cloud company, sending its shares surging 22% in extended trading.
The agreement secures a long-term commitment from one of the fastest-growing AI companies, and adds to more than $2.8 billion in multi-year cloud infrastructure deals Akamai announced across its customer base this year.
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