Akamai Technologies announced a $1.8 billion, seven-year cloud infrastructure agreement with an undisclosed client, identified by Bloomberg as Anthropic, a leading frontier AI model provider. This announcement triggered a remarkable 27% jump in Akamai’s stock price, marking the most significant rally in the company’s 28-year history. Akamai, originally known for its expertise in content delivery, is now gaining attention for its strategic move into AI cloud services.
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