Anthropic signs $1.8 billion contract with cloud provider Akamai
Akamai has signed a multibillion-dollar contract with Anthropic, for which it will provide cloud infrastructure for the Claude model. The deal is worth $1.8 billion over seven years. On the news, Akamai shares jumped 27%, their biggest gain in the company's 28-year history.
AI-processed from TNW; edited by Hamidun News
Anthropic, the developer of the Claude language model and a competitor of OpenAI, has signed a seven-year, $1.8 billion contract with cloud provider Akamai Technologies, although it was not named in its partner's official press release.
Why did the
Anthropic-Akamai contract news send the stock so high? At $1.8 billion, the contract is one of the largest in Akamai's 28-year history. It drove the provider's shares up 27%, the company's best day in 28 years.
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