Akamai (AKAM) Wants to Be the Bouncer for Your AI Agents

On September 10, Akamai Technologies (NASDAQ:AKAM) expanded its work with integration platform MuleSoft to help companies spot the hidden APIs and AI agent connections that leave data exposed. Akamai says 87% of surveyed organizations had an API security incident in 2025, so the pitch lands on a raw nerve. The bigger question is whether a good product story can outrun a quarter in which earnings shrank.

Seeing What Others Miss

The integration runs in both directions. MuleSoft's catalog of API blueprints flows into Akamai, which checks it against live traffic and flags endpoints that nobody documented or retired. In return, Akamai sends behavioral analytics and threat risk scores into MuleSoft's management layer. That matters because AI agents multiply the connections a company has to police, and Akamai watches the actual traffic. More than 20 organizations already use the setup. Akamai was set to show it at Dreamforce in San Francisco from September 15 to 17, and plans native MuleSoft onboarding and broader AI protection during the back half of 2026.

The financial engine is running too. On August 6, Akamai reported second-quarter revenue of $1.1 billion, up 5%. Security led the way, up 10% to $604 million, which shows the core defense business is still expanding. Cloud infrastructure services grew 39% to $99 million, and multi-year contracts signed this year topped $2.8 billion. That includes a new customer's commitment of more than $600 million over four years for robotics development, a sign the AI infrastructure push has real buyers. The balance sheet holds $4.616 billion in cash and securities, which cushions the company while profits are under pressure.