Akamai Shares Drop 1.3% Despite $11.6B Anthropic AI Deal
Akamai Technologies shares fell 1.3% to $107.55 on Monday, despite securing an $11.6 billion, seven-year commitment from Anthropic to support its CPU workloads. The deal is considered a significant AI contract.
50am ET on Monday, October 5. The move followed the AI contract, which was described as a large one.