Akamai signs $11.6 billion compute deal with Anthropic to lease AI infrastructure capacity

Type: Supply Agreement · Technology: Data Center · Country: United States · Value: $11.6B · Announced: 2026-09-28

Akamai Technologies signed a seven-year, $11.6 billion supply agreement to lease compute capacity to Anthropic, the AI company. The deal allows Anthropic to leverage Akamai Cloud's distributed infrastructure and software to support its CPU workloads. Akamai indicated the agreement includes potential expansion by up to an additional $9 billion, reaching a total potential commitment of approximately $20 billion. Total capital expenditures related to the deal are estimated at approximately $5.5 billion, an increase of $1.7 billion in 2026 to secure and pre-purchase critical supply chain components including memory. Anthropic issued Akamai a warrant for up to approximately five percent of Akamai's common stock outstanding, with a portion representing approximately two percent expected to vest in connection with the announced commitment.

Analysis

Akamai Technologies signed a seven‑year supply agreement with Anthropic PBC to lease compute capacity for a total of $11.6 billion. Akamai Technologies is a United States‑based content delivery network and edge computing provider. Anthropic PBC is a United States‑based artificial‑intelligence research and deployment company. The agreement includes an option to expand the commitment by up to $9 billion, potentially reaching $20 billion, and earmarks approximately $5.5 billion in capital expenditures, including a $1.7 billion increase in 2026 for memory components, while Anthropic issued a warrant for up to 5 percent of Akamai’s common stock, with about 2 percent expected to vest upon the commitment.

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