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AKAM — Akamai Stock Surges 21% as Cloud Firm Strikes $11.6 Billion Deal with Anthropic
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Expanded cloud agreement could generate $1.7 billion annually — but getting there will require billions in infrastructure spending. Anthropic signs up in size Akamai shares AKAM jumped 20.7% to $133.21 in extended trading after the company announced a seven-year, $11.6 billion agreement with Anthropic. The deal expands an existing relationship and is now the largest contract in Akamai’s history. Anthropic will use its distributed cloud infrastructure and software to…