Zoom Shares Jump 12% on $1.3B Anthropic Stake and ZoomMate Launch
ZM•Zoom’s $51 million Zoom Ventures investment in Anthropic has surged to an unrealized $1.3 billion valuation after the AI startup filed for a U.S. IPO, driving Zoom shares up 12% to four-year highs. The company also launched ZoomMate, an AI-powered workspace in North America at $20 per user per month.
1. Unrealized Gains from Anthropic Investment
Zoom's $51 million investment in Anthropic through Zoom Ventures has appreciated to an estimated $1.3 billion in unrealized gains following the startup's confidential IPO filing. This stake now represents one of the company's largest early-stage tech investments by value.
2. ZoomMate AI Workspace Launch
ZoomMate, the company's new AI-powered workspace, launched in North America at a starting price of $20 per user per month. The platform integrates meeting discussions, search, workflows and custom AI agents into a single interface to reduce app switching.
3. Stock Performance
Shares of Zoom Communications surged 12%, reaching their highest level since August 2022 and marking the largest single-day gain in nine months. The spike lifted the stock to near four-year highs as investor enthusiasm for AI-driven growth ramped up.
4. Strategic Outlook
The combination of significant unrealized gains and a new subscription-based AI product could bolster Zoom's revenue growth and balance sheet strength. Planned expansion of ZoomMate into Europe, the Middle East, Africa and Asia-Pacific later this year may drive recurring revenues and market share.
