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Why did Akamai stock surge after Anthropics $11.6 billion deal?

Akamai shares surged after announcing an $11.6 billion, seven-year cloud computing deal with Anthropic, potentially expanding to $20 billion. The agreement strengthens Akamais AI infrastructure business, with significant planned capital expenditure and a potential 5% Anthropic stake.

25 Sep 2026 12:08 pm