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Stock impact report

Akamai's Blackwell AI Deal Puts Valuation And Growth Story In Focus [Yahoo! Finance]

Akamai Technologies, Inc. (AKAM) 
Last akamai technologies, inc. earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.akamai.com
Company Research Source: Yahoo! Finance
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Akamai Technologies signed a four year, $200 million service agreement with a leading U.S. technology company to provide AI compute services. The deal uses one of the world's largest NVIDIA Blackwell GPU clusters and builds on Akamai's recent Akamai Inference Cloud launch. The company has deployed thousands of NVIDIA GPUs to support high performance AI workloads at global scale. For investors tracking NasdaqGS:AKAM, this AI focused contract comes with the stock recently trading at $99.89 and showing returns of 17.4% year to date and 38.8% over three years. Those figures put the move into AI compute in the context of a company that already has a history in content delivery and cloud services and that is now extending that role into GPU heavy workloads. Looking ahead, readers may want to watch how effectively Akamai ramps and monetizes this Blackwell based cluster and h Show less Read more
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