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00:02Anthropic reportedly signed a $1.8 billion seven-year cloud computing deal
00:08with Akamai Technologies to expand AI infrastructure for Claude amid rising demand,
00:14according to Bloomberg. Akamai referenced a deal with a leading frontier model provider
00:19during its first quarter earnings report without naming the customer.
00:23Anthropic said Claude's adoption for coding and automation drove 80 times growth in annualized
00:29revenue and usage, increasing demand for compute capacity.
00:33Anthropic has also used infrastructure from Google and SpaceX.
00:37Akamai reported first quarter earnings of $1.61 per share on $1.074 billion in revenue,
00:44beating analyst estimates by 8.78% and 0.17% respectively.
00:51Akamai shares were up by 26.33% at $147.41 in Monday's pre-market trading,
00:59according to data from Benzinga Pro.
01:01For all things money, visit Benzinga.com.
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