Stocktalkweekly reports, citing Akamai's September 24, 2026, press release, that Anthropic committed $11.6 billion over seven years to Akamai Cloud's distributed infrastructure and software for CPU workloads. The agreement allows up to $9 billion in additional commitments, bringing its potential total to approximately $20 billion.

The account also describes a warrant allowing Anthropic to buy non-voting preferred stock representing up to about 5% of Akamai's common stock on an as-converted basis, with vesting tied to the size of the commitment.

Akamai estimates about $5.5 billion in capital expenditures tied to the initial commitment. It expects no impact on its 2026 revenue guidance but anticipates about $1.7 billion in additional capital expenditures that year to secure and pre-purchase components, including memory.