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StockNews.com
StockNews.com
Business
Aanchal Sugandh

Is there Value Left in Zoom Video Communications (ZM)?

ZM Steve Reitmeister Workvivo Anthropic Zoom Video Communications Inc

Shares of Zoom Video Communications, Inc. (ZM) have plummeted 43.4% over the past year to close its last trading session at $66.62. Nonetheless, the company has recently engaged in several partnerships and acquisitions to enhance its users’ experience. With this in mind, let’s explore whether ZM remains a worthwhile investment.

On May 16, ZM announced its partnership with and investment in Anthropic, a firm devoted to Artificial Intelligence (AI) safety and research. By integrating Anthropic’s AI assistant, Claude, to connect with ZM’s platform, the partnership would further strengthen ZM's federated approach to AI.

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