Akamai recently announced a significant expansion in its cloud infrastructure business. During the company's Q2 2026 earnings call, management confirmed a four-year, $600 million contract with a US-based technology firm. This agreement focuses on providing cloud infrastructure services to support the client's robotics development efforts. The contract is part of a larger trend for the firm, as it has now signed over $2.8 billion in multiyear commitments this year alone.
To meet this demand, Akamai plans to invest $500 million in capital expenditure to increase its GPU capacity. Executives noted that their existing GPU resources are already fully committed. The company expects revenue growth in its cloud infrastructure segment to accelerate as these new projects come online, with overall growth projections moving into the low teens for 2027.
This announcement arrives alongside news from Buzz HPC, a subsidiary of Hive Digital Technologies. Buzz HPC secured a separate five-year agreement valued at $350 million. That contract involves deploying an AI infrastructure cluster consisting of 2,016 Nvidia Blackwell Ultra GPUs. This hardware will reside at a facility in Merritt, British Columbia, as part of a sovereign AI cloud platform initiative. Both deals signal a persistent demand for high-performance computing power to support large-scale AI and robotics projects.