Zoom Video Taps AI, Gets New Buy From Josh Brown: What's Going On?
Portfolio Pulse from Adam Eckert
Zoom Video Communications Inc (ZM) announced that its AI assistant, Zoom AI Companion, will now be included for customers with paid services at no additional cost. The AI assistant aims to increase productivity and improve team effectiveness. The company also renamed its AI-powered sales software to 'Zoom Revenue Accelerator'. Josh Brown from Ritholtz Wealth Management announced his decision to buy Zoom shares, citing the company's competitive pricing model.
September 06, 2023 | 4:42 pm
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Zoom's decision to include its AI assistant in paid services at no extra cost and the renaming of its AI sales software could potentially increase its appeal to customers. The purchase of Zoom shares by Josh Brown due to its competitive pricing model could also positively impact the company's stock.
The inclusion of the AI assistant in Zoom's paid services at no extra cost could make the company's offerings more attractive to customers, potentially leading to increased sales and revenue. Additionally, the positive comments from Josh Brown about Zoom's competitive pricing model could attract more investors to the company, potentially driving up its stock price.
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