Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Akamai Technologies, long associated with content delivery, cybersecurity, and the infrastructure that keeps the internet running, has suddenly emerged as a much bigger participant in the AI infrastructure race.</li><li>Its seven-year, $11.6 billion agreement to provide computing services to Anthropic could expand by another $9 billion if the AI developer requires additional capacity, potentially taking the relationship to $20.6 billion.</li><li>The scale is striking relative to Akamai’s existing business: analysts noted that annual recurring revenue from the initial commitment alone would exceed five times its 2025 cloud infrastructure services revenue and equal roughly 40% of its $4.2 billion total 2025 revenue.</li></ul>

Akamai Technologies, long associated with content delivery, cybersecurity, and the infrastructure that keeps the internet running, has suddenly emerged as a much bigger participant in the AI infrastructure race.Its seven-year, $11.6 billion agreement to provide computing services to Anthropic could expand by another $9 billion if the AI developer requires additional capacity, potentially taking the relationship to $20.6 billion.The scale is striking relative to Akamai’s existing business: analysts noted that annual recurring revenue from the initial commitment alone would exceed five times its 2025 cloud infrastructure services revenue and equal roughly 40% of its $4.2 billion total 2025 revenue.

Akamai Technologies Scores $11.6 Billion AI Jackpot—Could Anthropic Turn It Into The Next Nvidia Story?