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Zoom CFO sees investment in AI to have ‘some impact’ on gross margins

Zoom Video CFO Kelly Steckelberg stated while presenting earlier at the Needham Growth Conference: “Now, we had indicated that we do — when we look forward, I’m not giving guidance today. But just as a reminder, going forwards, we are investing very heavily in AI, both in terms of compute capacity as well as headcount. And that is potentially going to have some impact on our gross margins.”

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