MIT and Akamai Technologies Inc., announced a plan to deploy the “world’s largest fault-tolerant network for distributing Web content.” The new company Akamai has more than $8 million in seed financing from venture capitalists and private investors. The company’s first service offering, called “FreeFlow,” uses a new technology to shift the burdensome aspects of Web-based content distribution from a content provider’s server or servers to Akamai’s global network of host servers. FreeFlow is currently in beta in partnership with “some of the largest sites on the Internet,” which were not named. But officials said the beta testers include “five of the world’s most-visited Web sites. FreeFlow is designed to work with any Web server or site design, including database-driven and e-commerce applications. www.akamai.com.