Zoom’s investment in AI startup Anthropic may be valued between US$2 billion and US$4 billion, according to analysts at Baird.

Zoom shares jumped 11% on January 27, following the estimate.

In May 2023, Anthropic announced a partnership with Zoom and said Zoom Ventures had invested, though the amount was not disclosed.

Zoom reported US$51 million in strategic investments that quarter, with analysts estimating most of it went to Anthropic.

The startup is now valued at around US$350 billion, implying a potential return of about 78x.

Analysts said the investment could become even more significant if Anthropic’s IPO rumors materialize, as Zoom looks to capitalize on AI after its post-pandemic stock decline.

🔗 Source: CNBC

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