Baird analysts estimate that, after accounting for equity dilution, Zoom's investment in the artificial intelligence (AI) startup Anthropic may be valued between $2 billion and $4 billion. Following this news, Zoom's stock price experienced an impressive 11% surge on Monday. In May 2023, the two companies entered into a cooperation agreement, with Zoom recording $51 million in "strategic investment" expenses during that quarter. Analysts hypothesize that the entirety, or at least a substantial portion, of these funds was directed toward Anthropic. Given Anthropic's current valuation of $350 billion, Zoom's investment could potentially yield a return of approximately 78-fold. Analysts regard this investment as a strategic move that could become a pivotal aspect of Zoom's growth trajectory, with its returns closely linked to the expansion of Anthropic's AI model, Claude. As speculation surrounding Anthropic's initial public offering (IPO) continues to intensify, the significance of Zoom's investment is expected to become even more pronounced.