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MARKETS-ECONOMIC TIMES · INDIAN ·

Why did Akamai stock surge after Anthropic’s $11.6 billion deal?

As reported by Markets-Economic Times
Akamai shares surged after announcing an $11.6 billion, seven-year cloud computing deal with Anthropic, potentially expanding to $20 billion. The agreement strengthens Akamai’s AI infrastructure business, with significant planned capital expenditure and a potential 5% Anthropic stake.
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