Anthropic to pay Akamai USD 11.6 billion for cloud computing services
Article excerpt
Anthropic committed to pay Akamai USD 11.6 billion over seven years for cloud computing services, the networking company announced on Thursday. The agreement, the largest in Akamai's history, could expand to approximately USD 20 billion if the artificial intelligence company increases its spending. The pact focuses on general-purpose processors known as CPUs, distinct from the graphics chips typically used to train artificial intelligence models. Akamai did not specify for which particular tasks Anthropic will allocate this additional capacity. The demand for these types of chips, which perform tasks such as running code or browsing the internet, has grown as artificial intelligence agents take on more tasks on their own, according to the specialized magazine IEEE Spectrum.The figure is more than six times a previous USD 1.8 billion contract between the two companies, reported by Bloomberg in May. According to Akamai's statement, the new pact adds to commitments of more than USD 2.8 billion in cloud services that the company signed this year with other clients. The company described its infrastructure as a distributed computing network with thousands of points of presence worldwide, capable of operating workloads in both central data centers and at the edge of the network, close to end-users.As part of the agreement, Akamai issued Anthropic a 'warrant' (purchase option...
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To build out this additional capacity, Akamai anticipates capital expenditure of USD 5.5 billion and will add another USD 1.7 billion to its budget this year to accelerate the purchase of components such as memory.