A cloud computing stock is soaring more than 25%. Here’s what’s driving the rally

The identity of the model provider was not disclosed. The announcement accompanied Akamai's first-quarter earnings report, which showed revenue of just over $1 billion, up 6% year over year.

The seven-year contract provides long-term revenue visibility.

Analysts noted that the deal underscores the strong demand for infrastructure to support large-scale AI model training and inference. The stock move reflects investor optimism about Akamai's ability to capture a share of the AI cloud market, though the company's overall revenue growth remains modest compared to hyperscalers.