Akamai Technologies To Hold Third Quarter 2026 Investor Conference Call

Akamai soars on $1.8B AI deal and earnings

Akamai Technologies’ shares jumped about 20% on May 8, 2026 after the company announced a $1.8 billion, seven‑year commitment from a “leading frontier model provider” for cloud infrastructure services and reported first‑quarter results in line with estimates. Q1 revenue rose 6% to just over $1 billion; cloud infrastructure services revenue grew 40% to $95 million while security revenue increased 11% to $590 million and delivery/other cloud applications revenue fell 7% to $389 million. Akamai provided second‑quarter guidance of roughly $1.08–$1.10 billion in revenue and adjusted EPS of $1.45–$1.65. CEO Tom Leighton and CTO Robert Blumofe described Akamai’s global infrastructure and an existing AI‑operated inference cloud as strategic assets as the company expands into AI infrastructure.