Akamai is overlooked at a reasonable multiple, with bot management set to become a huge security issue. Its CDN business has lost five competitors recently and is raising prices, while compute is growing over 50%. A post the author replies to notes security and compute are most of revenue and all of the growth Faster-growing security pieces should eventually drive acceleration, though mix disclosure makes it hard to know. Valuing it on free cash flow is like valuing Meta or Amazon that way. … Show more

Akamai trades on much more reasonable multiples than some peers, and growth in inference and security may let the stock work from here. The Anthropic deal is a nice reference win, though the core CDN business will probably keep bleeding share. x.com 

Financing announcements point to more accelerator demand, supporting semiconductors. About $200bn in announced Meta, Anthropic/Broadcom and SpaceX/Nvidia financing likely drives $400bn in XPU purchases. Data centers burn cash until lit, then cash flow 20-40% annually; AI spend rising from 0.1% to 0.5-1% of current payroll could balance the buildout if agents replace roles. Sustainable token demand is the bet, but smaller local models are the bigger risk, though not an immediate concern. x.com  … Show more

Akamai's 7-year, $11.6B cloud deal with Anthropic turns it from an old CDN into an AI inference cloud for one of the biggest AI labs. The deal, expandable to about $20B, is six times May's $1.8B Anthropic contract, previously its biggest ever. Management sees about a $1.7B annual run rate by end-2028, versus $99M for the whole cloud unit last quarter. Anthropic's warrants for up to 5% of Akamai at $111.33 vest only if it spends more. If a fifth wave is underway, the June highs are back in play. … Show more

Akamai has catching up to do as an edge-network play on AI agents, with an overlooked AI-agent security angle. AI agents and LLMs constantly fetch data from websites and APIs, which needs fast edge networks; since that call, Akamai is up 20% versus Fastly's 48%. Its CFO recently discussed agentic security and shopping, and said a four-year, $600 million GPU deal with a US robotics-focused company lifts major wins to over $2.8 billion this year. Robots could be the leg to new highs. x.com  x.com  … Show more

AI workload merchants DigitalOcean, Cloudflare and Akamai get paid every time a token moves, without the anchor-tenant risk of neocloud landlords. They sell usage-priced inference, agents and vector databases to hundreds of thousands of builders. DigitalOcean is the growth pick, with AI ARR up 221% and 50%+ growth guided for 2027; Cloudflare is the premium edge-inference toll booth; Akamai is cheap optionality with a slow engine. Risk: DigitalOcean's gross margin fell five points funding capex. … Show more

Akamai has a good catalyst in its expanded partnership with Anthropic. Cloudflare is leading this group and Fastly is also setting up, giving good confluence across stocks that do broadly similar things. x.com 

Akamai's completed acquisition of LayerX, a secure enterprise browser provider, deepens its AI usage-control and workforce security strategy and is fueling momentum. The stock broke out of a falling wedge, closing at $126.57 on a volume spike after basing near $113.57, now support, with targets of $137.93 and $149.76. Institutional filings lean toward buyers: 7 increased and 1 new versus 6 decreased and 1 closed. x.com 

Nebius' software efficiency and a possible end to heavy AI financing support a re-rating. Per @DrTomsLens, its engineers got about 43% more video output from the same GPUs, cutting compute cost per second by 30%; newer hardware alone is not enough without capable software teams. Oracle expects to fund growth from free cash flow in FY2029, suggesting capital-heavy AI providers may eventually outgrow debt and dilution. Google Cloud reported 103% revenue growth amid strong AI infrastructure demand. … Show more

DigitalOcean adds a concrete growth driver to the AI-agent basket. Per a firm the author quotes, it is focusing on the AI-optimized segment, growing at a 110% compound annual rate versus 25% for broader infrastructure-as-a-service. The basket holds pure plays: Circle and Coinbase for USDC machine payments and rails, DigitalOcean for AI website hosting, Fastly and Akamai for API calls and Cloudflare for edge computing. Amazon and Microsoft are less pure plays. x.com  x.com  x.com