Form 8-K · Current report
Akamai Technologies 8-K, filed Sep 24, 2026
- Filed
- CIK
- 0001086222
- Accession no.
- 0001193125-26-401048
Summary
Akamai Technologies entered Project Plan 2 and Project Plan 3 under its existing master services agreement with Anthropic PBC, under which Anthropic committed to pay about $11.6 billion for dedicated cloud computing capacity, and Akamai issued Anthropic a warrant tied to up to 387,051 shares of Series B Non-Voting Convertible Preferred Stock. Akamai separately entered a hardware, software, and services agreement with Lenovo and authorized Jabil to purchase about $1.7 billion of memory components under an existing manufacturing agreement.
Key points
- Anthropic's payment commitment under Project Plans 2 and 3 is approximately $11.6 billion, with each Project Plan having an initial seven-year term and payments subject to delivery and service availability requirements.
- The warrant vests in four tranches: 40% upon the first payment under Project Plan 3, and three 20% tranches upon each additional $3.0 billion of contractual value committed by Anthropic.
- The Series B Preferred Stock is initially convertible into 20 shares of common stock per share, representing up to 7,741,020 common shares on an as-converted basis.
- The Lenovo agreement has an initial three-year master agreement term and a seven-year statement of work; the Jabil Build Request authorizes the purchase of approximately $1.7 billion of memory components.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 1.01Entry into a Material Definitive Agreement
- 3.02Unregistered Sales of Equity Securities
- 5.03Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 1.01 Entry into a Material Definitive Agreement. Anthropic Master Services Agreement On September 18, 2026, Akamai Technologies, Inc. (the “Company”) and Anthropic, PBC (“Anthropic”) entered into Project Plan 2 and Project Plan 3 (each a “Project Plan” and, collectively, the “Project Plans”) under the existing Master Services Agreement between the Company and Anthropic, dated as of May 5, 2026 (the “Anthropic MSA”), pursuant to which the Company provides Anthropic with dedicated cloud computing capacity and related managed support services. …
An excerpt of the text as filed with the SEC, cut for length.
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