--- title: Anthropic signs $11.6bn Akamai cloud deal and gets... description: Anthropic has signed an $11.6bn, seven-year cloud infrastructure deal with Akamai, with an option to expand to roughly $20bn. As part of the agreement, Akamai... canonical: https://daily.dev/posts/anthropic-signs-11-6bn-akamai-cloud-deal-and-gets-warrant-for-5-of-akamai-p2zii26cu twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Anthropic signs $11.6bn Akamai cloud deal and gets warrant for 5% of Akamai | daily.dev og:description: Anthropic has signed an $11.6bn, seven-year cloud infrastructure deal with Akamai, with an option to expand to roughly $20bn. As part of the agreement, Akamai... og:url: https://daily.dev/posts/anthropic-signs-11-6bn-akamai-cloud-deal-and-gets-warrant-for-5-of-akamai-p2zii26cu og:image: https://api.daily.dev/og/posts/P2ZIi26CU.png og:image:alt: Anthropic signs $11.6bn Akamai cloud deal and gets warrant for 5% of Akamai og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Anthropic signs $11.6bn Akamai cloud deal and gets warrant for 5% of Akamai **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments ## Summary Anthropic has signed an $11.6bn, seven-year cloud infrastructure deal with Akamai, with an option to expand to roughly $20bn. As part of the agreement, Akamai issued Anthropic a warrant for 7.7 million shares (about 5% of common stock), the first such warrant Akamai has given a customer. Akamai will supply CPU access and expects to spend about $5.5bn in capital to fulfill the contract, raising 2026 capex by $1.7bn. Revenue from Anthropic is projected at $150-300m next year, rising to a $1.7bn annual run rate by 2028. The deal builds on a $1.8bn agreement signed in May and adds to a string of large compute deals Anthropic has made this year, including with Volta and Rum Group. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much is Anthropic's cloud deal with Akamai worth? Anthropic signed an $11.6 billion, seven-year agreement for Akamai's cloud infrastructure, with the potential to expand by another $9 billion to reach about $20 billion total. Akamai will supply CPU access, and the deal builds on a prior $1.8 billion agreement the companies signed in May. Akamai expects to spend roughly $5.5 billion in capital to serve the contract. _Track how large AI compute deals like this one on daily.dev reshape cloud infrastructure spending._ ### What is the Akamai warrant given to Anthropic in their cloud deal? Akamai issued Anthropic a warrant for 7.7 million shares on an as-converted basis, roughly 5% of its common stock, at an exercise price of $111.33, in the form of non-voting convertible Series B preferred stock. About 2% vests immediately with the $11.6 billion commitment, while the remaining 3% vests only if the contract expands, at 1% per $3 billion of additional services. This marks the first time Akamai has given a customer a warrant in a cloud deal. _Follow evolving vendor-customer equity arrangements in AI cloud deals on daily.dev._ ### How much revenue does Akamai expect from its Anthropic deal by 2028? Akamai's CEO Tom Leighton projects $150 million to $300 million in revenue from Anthropic in the first year after the contract starts in the second half of next year, rising to an annual run rate of about $1.7 billion by 2028. Akamai is raising its 2026 capital spending by about $1.7 billion to pre-buy supplies including memory for the contract. _Keep up with AI infrastructure revenue projections and capex trends on daily.dev._ --- Tags: [#cloud](https://daily.dev/tags/cloud), [#anthropic](https://daily.dev/tags/anthropic), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure) [View this post on daily.dev](https://daily.dev/posts/anthropic-signs-11-6bn-akamai-cloud-deal-and-gets-warrant-for-5-of-akamai-p2zii26cu) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Anthropic signs $11.6bn Akamai cloud deal and gets warrant for 5% of Akamai","url":"https://daily.dev/posts/anthropic-signs-11-6bn-akamai-cloud-deal-and-gets-warrant-for-5-of-akamai-p2zii26cu","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/anthropic-signs-11-6bn-akamai-cloud-deal-and-gets-warrant-for-5-of-akamai-p2zii26cu"},"datePublished":"2026-09-24T20:46:58.645Z","dateModified":"2026-09-24T20:47:20.080Z","description":"Anthropic has signed an $11.6bn, seven-year cloud infrastructure deal with Akamai, with an option to expand to roughly $20bn. 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Akamai will supply CPU access, and the deal builds on a prior $1.8 billion agreement the companies signed in May. Akamai expects to spend roughly $5.5 billion in capital to serve the contract. Track how large AI compute deals like this one on daily.dev reshape cloud infrastructure spending."}},{"@type":"Question","name":"What is the Akamai warrant given to Anthropic in their cloud deal?","acceptedAnswer":{"@type":"Answer","text":"Akamai issued Anthropic a warrant for 7.7 million shares on an as-converted basis, roughly 5% of its common stock, at an exercise price of $111.33, in the form of non-voting convertible Series B preferred stock. About 2% vests immediately with the $11.6 billion commitment, while the remaining 3% vests only if the contract expands, at 1% per $3 billion of additional services. This marks the first time Akamai has given a customer a warrant in a cloud deal. Follow evolving vendor-customer equity arrangements in AI cloud deals on daily.dev."}},{"@type":"Question","name":"How much revenue does Akamai expect from its Anthropic deal by 2028?","acceptedAnswer":{"@type":"Answer","text":"Akamai's CEO Tom Leighton projects $150 million to $300 million in revenue from Anthropic in the first year after the contract starts in the second half of next year, rising to an annual run rate of about $1.7 billion by 2028. Akamai is raising its 2026 capital spending by about $1.7 billion to pre-buy supplies including memory for the contract. Keep up with AI infrastructure revenue projections and capex trends on daily.dev."}}]} ```