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Anthropic signs $11.6 billion cloud deal with Akamai, pushing its compute spending past $500 billion in under a year

Photo: The Decoder

What happened

Anthropic has reportedly signed a seven-year, $11.6 billion cloud deal with Akamai Technologies and will receive a warrant for up to 5 percent of Akamai's shares. Its compute deals have reportedly totaled $517 billion in 11 months. CEO Dario Amodei has warned that Anthropic could go bankrupt if its revenue forecasts are even slightly off.

Summary assembled by rule from the sources below

Sources