One firm cuts 20% as another's revenue quintuples in five months

Claim

Cloudflare cut more than 1,100 jobs, roughly 20% of its workforce, restructuring around AI adoption, while Anthropic signed a $1.8 billion seven-year compute deal with Akamai as annualized revenue approached $45 billion, a fivefold leap from $9 billion at year-start.

Reported metric: -20% / $45B

Reporting date: 2026-05-09 (not necessarily the event date)

Sources

Attribution and reporting linked by this record; links do not imply independent verification.

• Welcome to May 9, 2026 (theinnermostloop.substack.com)