10AM Hour: Akamai CEO, Trump-Xi Updates, and AI Banks Risks 9/25/26

Banks face AI 'evolutionary risk' from agents like Meta's Muse even as AI infrastructure spending—projected at $10.3 trillion through 2032—keeps pressuring yields and equity valuations.

• Akamai's Anthropic deal: CEO Tom Leighton detailed a 7-year, $11.6B agreement (expandable to ~$20B) with a warrant for up to 5% of Anthropic, plus $15B in total multi-year cloud commitments signed this year; margins currently mid-20s but accretive over a couple years.
• AI CapEx tailwind: Rebecca Patterson cited a Brookings estimate of $10.3 trillion in AI capex spend from 2025-2032 (3.6% of GDP annually), calling it a structural driver of higher bond yields alongside deficits.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.