US Stock Market Move | Anthropic's major deal ignites stock price, Akamai (AKAM.US) surges over 14% at open.

On Friday, Akamai (AKAM.US) gapped up at the open, rising more than 14% as of press time. On the news front, Akamai announced a major expansion of its partnership with Anthropic, securing a seven-year, $11.6 billion contract commitment from the AI company, marking another massive deal in the AI computing infrastructure space. This partnership will profoundly reshape Akamai's business structure. Alongside expectations of substantial capital expenditure, the company's cloud computing revenue is expected to surge in the coming years and could soon surpass its traditional cybersecurity and content delivery businesses. According to the announcement, Akamai will support Anthropic's rapidly growing CPU workload demands through the distributed AI infrastructure and software of its cloud business. There is room for further expansion of the partnership. Akamai disclosed that the deal allows for up to an additional $9 billion in future collaboration, bringing the potential total commitment to approximately $20 billion.