Geopolitics Alpha

Anthropic to pay Akamai $11.6 billion over seven years in cloud deal

Published . Updated .

Anthropic has committed $11.6 billion over seven years to Akamai's cloud infrastructure, a bet on CPUs that could grow to about $20 billion, and in an unusual arrangement, Akamai is giving Anthropic a potential stake of up to 5% of its stock that grows as Anthropic spends more.

Directly affected

  • No company is named in this report.

Indirectly affected

  • ABAT AMERICAN BATTERY TECHNOLOGY

    GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • ACM AECOM TECHNOLOGY CORP

    GA selected ACM as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • CCSI CONSENSUS CLOUD SOLUTIONS INC COM

    GA selected CCSI as a RELATED security because its canonical security name directly matches this event's themes: cloud. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • CGNT COGNYTE SOFTWARE LTD REGISTERED SHS ISIN IL0011691438

    GA selected CGNT as a RELATED security because its canonical security name directly matches this event's themes: software. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • CRDO CREDO TECHNOLOGY GROUP HOLDING

    GA selected CRDO as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • DJT TRUMP MEDIA & TECHNOLOGY GROUP COM

    GA selected DJT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ABAT———————
ACM———————
CCSI———————
CGNT———————
CRDO———————
DJT———————

nthropic has committed $11.6 billion over seven years to Akamai's cloud infrastructure, a bet on CPUs that could grow to about $20 billion, and in an unusual arrangement, Akamai is giving Anthropic a potential stake of up to 5% of its stoc…

Source: TechCrunch

The price since 25 Sep 2026: American Battery Technology (ABAT) versus the S&P 500

Since the first closing price after “Anthropic to pay Akamai $11.6 billion over seven years in cloud deal,” American Battery Technology (ABAT) is -36.56%. The S&P 500 fund (SPY) is +0.15% over the same days, a -36.71% difference versus the market.

ABAT
SPY

Official trades in American Battery Technology (ABAT) around 25 Sep 2026

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around American Battery Technology (ABAT)

Companies carried with this story

  • ABAT American Battery Technology

    In “Anthropic to pay Akamai $11.6 billion over seven years in cloud deal,” American Battery Technology (ABAT) is linked, with no stored direction, medium confidence. Reason on file: GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ACM Aecom

    For “Anthropic to pay Akamai $11.6 billion over seven years in cloud deal,” Aecom (ACM) is linked, with no stored direction, medium confidence. Reason on file: GA selected ACM as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CCSI Consensus Cloud Solutions

    For “Anthropic to pay Akamai $11.6 billion over seven years in cloud deal,” Consensus Cloud Solutions (CCSI) is linked, with no stored direction, medium confidence. Reason on file: GA selected CCSI as a RELATED security because its canonical security name directly matches this event's themes: cloud. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CGNT Cognyte Software

    For “Anthropic to pay Akamai $11.6 billion over seven years in cloud deal,” Cognyte Software (CGNT) is linked, with no stored direction, medium confidence. Reason on file: GA selected CGNT as a RELATED security because its canonical security name directly matches this event's themes: software. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CRDO Credo Technology Group Holding

    For “Anthropic to pay Akamai $11.6 billion over seven years in cloud deal,” Credo Technology Group Holding (CRDO) is linked, with no stored direction, medium confidence. Reason on file: GA selected CRDO as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • DJT Trump Media & Technology Group

    For “Anthropic to pay Akamai $11.6 billion over seven years in cloud deal,” Trump Media & Technology Group (DJT) is linked, with no stored direction, medium confidence. Reason on file: GA selected DJT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

American Battery Technology (ABAT)

American Battery Technology (ABAT) is the company in “Anthropic to pay Akamai $11.6 billion over seven years in cloud deal,” the 25 Sep 2026 this story story.

For American Battery Technology (ABAT), the reason on file says GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Aecom (ACM): GA selected ACM as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for American Battery Technology (ABAT)

ABAT traded between 1.42 and 2.42 across 20 sessions. The latest close on file is 1.44. ACM traded between 56.41 and 63.73 across 20 sessions. The latest close on file is 57.99. CCSI traded between 33.43 and 37.88 across 20 sessions. The latest close on file is 35.85.

How strong the case is around American Battery Technology (ABAT)

46 out of 100

“Anthropic to pay Akamai $11.6 billion over seven years in cloud deal” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.