Top 10 Hot AI Stocks Dominating Headlines

3. Zoom Communications Inc. (NASDAQ:ZM

Number of Hedge Fund Followers: 48

Zoom Communications Inc. (NASDAQ:ZM) is a leading provider of communication services such as chat and video conferencing, as well as sales and marketing products through Zoom’s Business Services segment.

On February 27th, Zoom Communications Inc. (NASDAQ:ZM) and business communications leader Mitel announced the launch of a hybrid cloud solution that integrates Zoom Workplace and Zoom AI Companion with Mitel’s platforms, including telephony solutions, expanding on the partnership first announced in September 2024. The hybrid solution will meet the surging demand for hybrid unified communications deployments, delivering critical communications capabilities and collaboration functions to boost business productivity.

“As businesses navigate the connectivity requirements to support hybrid work, they need solutions that unite the benefits of on-prem or single-instance cloud communications infrastructure with Zoom’s industry-leading collaboration experiences, giving them the best of both while future-proofing their organizations. The AI-first solution provided by Zoom and Mitel makes connecting and collaborating seamless and efficient while giving customers the flexibility to migrate to the cloud on their own terms and with their existing Mitel devices.”

-said Graeme Geddes, chief sales and growth officer at Zoom Communications Inc.