Akamai CEO on $11.6B Anthropic cloud deal: 'this business is going to help our margins'

pdamodaran · x · 2026-09-26

Akamai CEO Tom Leighton told CNBC the company's $11.6B cloud deal with Anthropic will "over time help our margins." One of the largest contracts in Akamai's cloud business, the deal underscores how frontier labs' massive compute purchasing is reshaping revenue at legacy cloud/CDN vendors.

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