Akamai announces $11.6 billion multi-year cloud deal with Anthropic

Akamai announced a $11.6 billion, seven-year cloud infrastructure agreement with AI company Anthropic. The deal adds to $2.8 billion in prior commitments this year. Akamai issued Anthropic a warrant for up to 5% of common stock at $111.33 per share. Capital expenditures related to the deal are estimated at $5.5 billion, with a $1.7 billion increase in 2026 for supply chain pre-purchase. No impact on 2026 revenue guidance. 88 clean stories shaped this window, with sentiment bearish at 38/100. Also in focus: Stocks mixed on Iran report; Oracle, MGM, GoDaddy, Everpure, BlackBerry move.