Akamai Gains 5% on $11.6 Billion Anthropic Deal, Grants Warrant for 5% Stake
Updated
Updated · CNBC · Sep 25
Akamai Gains 5% on $11.6 Billion Anthropic Deal, Grants Warrant for 5% Stake
3 articles · Updated · CNBC · Sep 25
Summary
Akamai rose 5% in midday trading after unveiling a seven-year, $11.6 billion contract with Anthropic, extending an earlier premarket surge of more than 21%.
Anthropic also received a warrant to buy roughly 5% of Akamai shares at $111.33 each, adding an equity component that deepened investor enthusiasm for the partnership.
The move stood out in a mixed session for cloud and AI-linked names: Microsoft added 3% after refreshing Copilot, while Twilio fell about 6% after HSBC cut its rating.
The deal underscores how AI infrastructure demand is reshaping market winners, lifting companies tied to compute, power and enterprise AI deployment.