Zoom (ZM.US) bets on Anthropic and achieves great success, making a crazy profit of 1 billion dollars from the investment.

Video conferencing company Zoom Communications Inc. (ZM.US) made an investment in the artificial intelligence (AI) startup Anthropic PBC in early 2023, and this investment has now generated approximately $1 billion in revenue for Zoom. According to regulatory filings disclosed on Friday, Zoom's total stake in this rapidly growing AI company is valued at around $1.27 billion. With Anthropic set to complete a new round of funding as soon as next week, this valuation is expected to further increase. Since the beginning of 2023 when Zoom partnered with Anthropic, integrated its Claude model into its own system, and invested in the company, the value of this stake has grown exponentially. Zoom has been actively introducing more AI features, such as launching a workplace AI assistant. Since the investment, Anthropic has become one of the fastest-growing and most prominent companies globally. Zoom's current valuation of its stake in Anthropic is based on the latter's $38 billion valuation in a funding round in February of this year. Previous reports suggest that Anthropic is set to complete a new round of funding with a valuation of over $90 billion. Zoom had previously disclosed a $51 million strategic investment in early 2023, along with announcing the partnership with Anthropic, but it was not clear at the time whether all of this funding was invested in Anthropic. In the filing on Friday, Zoom revealed that they had additionally invested $46 million in Anthropic in recent months. Analyst Jackson Ades from KeyBanc released a research report after Zoom's financial report on Thursday, stating that this strategic investment in the potential giant has effectively boosted the company's stock price. This impressive financial report has also restored Wall Street's confidence in Zoom's diversified product portfolio.