Anthropic commits to spending $11.6B over seven years on Akamai cloud services and secures an option to take a stake of up to 5%; AKAM jumps 17%+ after hours (Harshita Mary Varghese/Reuters)

Anthropic has committed to spending $11.6 billion over seven years on Akamai cloud services. This agreement also includes an option for Anthropic to acquire a stake of up to 5% in Akamai. Following this announcement, Akamai's stock (AKAM) saw a significant increase, jumping over 17% after hours, as reported by Harshita Mary Varghese for Reuters. The AI lab is seeking additional computing capacity through this cloud services deal.