News about AKAM

Akamai Technologies reported growing adoption of its Cloud Computing services by software, digital media and technology customers, who use its CPU, GPU and storage for AI training, low-latency inference, application hosting and disaster recovery across Asia-Pacific, Japan and EMEA. Early traction came from NVIDIA RTX PRO 6000 Blackwell Server Edition GPU instances, as clients move AI-heavy, microservices and media workloads from legacy cloud providers to manage performance and infrastructure costs. The article links this to Akamai's multiyear CIS pipeline, including an Anthropic infrastructure build-out and planned CapEx of US$5.5b, while noting risks such as concentrated CIS customers, capital intensity and cash margins. Analyst forecasts cited expect revenue of US$7.2b and earnings of US$738.3m by 2029, while the most cautious models show about US$6.0b and US$433.0m.