Zoom's 'hidden gem' investment in Anthropic could be worth $2 billion to $4 billion, analysts say

Shares of Zoom popped 11% on Monday after analysts at Baird estimated that the company's investment in artificial intelligence startup Anthropic could be worth between $2 billion to $4 billion, depending on dilution assumptions. In May 2023, Anthropic announced a partnership with Zoom and revealed that Zoom Ventures had invested in the company. The companies did not disclose the value of the investment, but Zoom reported making $51 million in "strategic investments" that quarter, according to a filing with ...