Major contract wins and infrastructure expansion

Akamai $AKAM authorized Jabil $JBL to procure about $1.7B of memory components, with Jabil holding the inventory on consignment and repurchasing it at cost as Akamai uses it. Akamai also signed a new Lenovo hardware, software and services agreement with a 3-year master term and a related 7-year statement of work. The commitments come as Akamai ramps infrastructure behind its 7-year, $11.6B Anthropic cloud deal, which could expand by another $9B to roughly $20B total.