Anthropic (AI) secures $1.8bn cloud deal with Akamai Technologies

Published on · Source: finance.yahoo.com

Anthropic (AI) secures $1.8bn cloud deal with Akamai Technologies

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Summarized by AI from the source below

Anthropic has entered a $1.8 billion agreement with Akamai Technologies for enhanced cloud computing capacity for its AI platforms. Akamai's seven-year cloud services contract marks the largest in its history and is part of Anthropic's strategy to expand its infrastructure to meet increasing demand for its AI products, including Claude. Notably, Anthropic has also secured cloud resources from Alphabet and SpaceX, with a recent deal allowing access to a data center containing over 220,000 Nvidia processors. This growth in revenue and system usage underscores the rising demand for Anthropic's offerings and aligns with its plans for large-scale computing capacity.

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About Akamai Technologies (AKAM)

Akamai operates a content-delivery network and cloud-security services.

The Information Technology sector covers hardware, software and semiconductor companies driving the digital economy.

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