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Anthropic signed a seven-year, $11.6 billion deal for Akamai cloud infrastructure, expandable by $9 billion to about $20 billion. Akamai issued a warrant for 7.7 million shares, roughly 5% of common stock, at $111.33. Akamai shares rose as much as 17% to $129.60 in late trading. The contract builds on a $1.8 billion deal signed in May.
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