Anthropic Secures Major Cloud Deals with Akamai and Nscale
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What happened
Anthropic entered into an agreement with Akamai for $11.6 billion in cloud services, which includes a warrant allowing Anthropic to acquire up to a 5% stake in the cloud company. Separately, Anthropic agreed to spend $45 billion to rent AI cloud computing power from Nscale's data center campus in West Virginia. These deals occur as Anthropic pursues its IPO plans on the New York Stock Exchange.
From aol.com
Why it matters
The agreements underscore Anthropic's aggressive expansion of computing power needed to train advanced AI models. The deals add to the multi-billion dollar infrastructure commitments Akamai has announced this year. For Nscale, the commitment from Anthropic is a major factor in its IPO prospects.
From aol.com
Who's involved
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The entities involved
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Anthropic
American artificial intelligence corporation
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Nscale
British AI infrastructure provider
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Reuters
international news agency