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00:03Zoom Communications traded higher Monday as investors focused on the company's early
00:07investment in AI startup Anthropic, which Baird analysts estimate could be worth $2 billion to
00:13$4 billion. Baird said, Zoom's 2023 investment may return roughly 78 times its original value
00:21based on Anthropic's current $350 billion valuation, CNBC reported. Zoom did not disclose
00:28the investment size, though SEC filings show $51 million in strategic investments that quarter.
00:35Analysts described the stake as a hidden gem while the market has focused on Zoom's revenue
00:40growth and AI products. Shares were up by 11.28% at $95.46 on Monday's close, according to Benzinga Pro.
00:49For all things money, visit Benzinga.com.
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