Zoom’s Anthropic investment has netted the company $1 billion
Summary
Zoom has realized roughly $1 billion in paper gains from its early-2023 investment in AI startup Anthropic, with its stake now valued at about $1.27 billion per a recent regulatory filing. Anthropic is approaching a new funding round that could push its valuation much higher, which would further increase the value of Zoom's holding. Zoom invested as part of a partnership to integrate Anthropic's Claude models and add AI features such as a workplace assistant, and it disclosed $51 million in strategic investments in early 2023 plus an additional $46 million more recently. The rising value of the stake has coincided with investor enthusiasm for Zoom's expanded AI-driven product suite and helped support its share price after recent quarterly results.
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