Zoom Video Communications Inc (NYSE: ZM) shares were roughly flat on Wednesday after staging a rally on Tuesday. Here's a look at what's driving the action.
What Happened: On Tuesday, Zoom announced that its generative AI assistant, Zoom AI Companion, will now be included for customers with paid services at no additional cost.
Zoom AI Companion helps to increase productivity, enhance user skills and improve team effectiveness. The digital assistant will be available across all Zoom platforms. Zoom also said it renamed its AI-powered sales software to "Zoom Revenue Accelerator."
"We are transcending the hype in ...