While it offers a consumer product, Anthropic<\/a> has made its mark by focusing on the enterprise market, where it generates about 80% of its revenue. The company has found a strong niche in coding, with its Claude Cowork and Claude Code products helping drive its growth.<\/p>\n Anthropic has drawn investments from several large companies, including Amazon and Alphabet. However, there is an under-the-radar stock that’s set to benefit much more from Anthropic’s success than these behemoths. That company is video-conferencing platform operator, Zoom (NASDAQ: ZM).<\/p>\n An early Anthropic investor<\/p>\n Zoom’s investment arm, Zoom Ventures, took a stake in Anthropic in May 2023. While the original size of the investment hasn’t been disclosed, it’s widely believed to have been the bulk of the $51 million in investments it made during the quarter. Zoom later made another $46 million investment in Anthropic preferred shares in Q1. In its latest 10-Q filing, it said its total investment was valued at $1.27 billion based on Anthropic’s February valuation round, which was done at $380 billion.<\/p>\n However, fast forward a few months, and Anthropic is looking to raise funds at an over $900 billion valuation this month. That would value Zoom’s Anthropic holding at over $3 billion. Meanwhile, given its growth, it wouldn’t be surprising to see the company eventually IPO at a much higher market cap.<\/p>\n Zoom currently has a market cap of around $31 billion. It also has $7.7 billion in cash and marketable securities to go along with its Anthropic investment and no debt. That means its core business is currently being valued closer to $20 billion. The company is also generating around $2 billion in free cash flow<\/a> a year.<\/p>\n Artist rendering of AI in brain.<\/p>\n Image source: Getty Images.<\/p>\n The company’s core business has also been showing some signs of life. Revenue rose 5.5% last quarter, with enterprise revenue climbing 7.2%. It also saw its number of customers with more than $100,000 in trailing revenue jump 8.2%.<\/p>\n With Anthropic worth about 13% of Zoom’s enterprise value<\/a> and the company generating a ton of cash and seeing revenue growth, buying Zoom stock can be a sneaky way to play Anthropic before its IPO.<\/p>\n Should you buy stock in Zoom Communications right now?<\/p>\n Before you buy stock in Zoom Communications, consider this:<\/p>\n The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks<\/a> for investors to buy now\u2026 and Zoom Communications wasn\u2019t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.<\/p>\n Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you\u2019d have $477,813!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you\u2019d have $1,320,088!*<\/p>\n Now, it\u2019s worth noting Stock Advisor\u2019s total average return is 986% \u2014 a market-crushing outperformance compared to 208% for the S&P 500. Don’t miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.<\/p>\n See the 10 stocks \u00bb<\/a><\/p>\n *Stock Advisor returns as of May 26, 2026.<\/p>\n Geoffrey Seiler<\/a> has positions in Zoom Communications. The Motley Fool has positions in and recommends Zoom Communications. The Motley Fool has a disclosure policy<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Key Points About a quarter or more of Zoom’s enterprise value is made up of Anthropic stock. Zoom…\n","protected":false},"author":2,"featured_media":51928,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[53,15754,30669,9572,4199,16503,16504],"class_list":["post-51927","post","type-post","status-publish","format-standard","has-post-thumbnail","category-anthropic","tag-anthropic","tag-anthropic-stock","tag-enterprise-value","tag-free-cash-flow","tag-zoom","tag-zoom-communications","tag-zoom-ventures"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/51927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=51927"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/51927\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/51928"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=51927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=51927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=51927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Artist](\"https:\/\/www.europesays.com\/ai\/wp-content\/uploads\/2026\/05\/https:\/\/media.zenfs.com\/en\/aol_the_motley_fool_392\/ffd58a0cf26635905edefd771444a025.jpeg\"\/)
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