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the decoder · September 25, 2026

Anthropic's $11.6b cloud deal with Akamai sparks sustainability concerns

anthropic signs $11.6 billion cloud deal with akamai, pushing its compute spending past $500 billion in under a year. this raises questions about the sustainability of its spending pace.

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anthropic has signed a seven-year, $11.6 billion cloud deal with akamai technologies, giving anthropic a warrant for up to 5 percent of akamai's stock. this deal is part of anthropic's aggressive compute spending, which has totaled $517 billion in just eleven months. ceo dario amodei has warned that anthropic could go bankrupt if its estimates are off by even a small margin. the company's spending pace has raised concerns about its sustainability.

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