Akamai Shares Soar 16% After Securing $1.8 Billion AI Contract
Akamai's shares soared 16%, marking its biggest jump in approximately 20 years. This surge followed the cloud company's announcement that a leading frontier AI model provider committed $1.8 billion over seven years for its cloud infrastructure services.
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Sources · 7 independent
Bloomberg Radio
“shares of Akamai soaring 16%, its biggest jump in about 20 years. This is after the cloud company said that a leading frontier AI model provider had committed to $1.8 billion over seven years for its cloud infrastructure services.”
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