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Zoom Cares commits $10M to democratize AI education and expand opportunity

1. Zoom Cares commits $10 million to AI education expansion. 2. Investment includes $5 million for K-12 AI literacy programs. 3. Focus on empowering diverse communities and enhancing economic opportunities. 4. Partnerships with Code.org and data.org to drive social impact. 5. Previous contributions from Zoom Cares exceed $66 million globally.

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Why Bullish?

Investing in AI education enhances Zoom's brand and market relevance. Historical investments in community initiatives have positively influenced stock performance.

How important is it?

The commitment to AI education aligns with market trends, supporting long-term growth strategies for ZM.

Why Long Term?

The initiative aims to build foundational skills that align with future technology trends, thus fostering customer growth over years.

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SAN JOSE, Calif., Sept. 17, 2025 (GLOBE NEWSWIRE) -- Zoom Cares (NASDAQ: ZM) today announced a $10 million, three-year commitment to expand access to AI education and opportunity. The funding, which was unveiled during Zoomtopia 2025, will be distributed through a combination of large anchor grants to national and global leaders in AI for impact, as well as regional and community-based grants supporting on-the-ground changemakers. A key component of this initiative is a $5 million investment in K–12 AI education targeted to ensure students gain foundational AI literacy and have clear pathways to succeed in the rapidly-evolving digital economy. “AI should not be a privilege for a few. At Zoom, we believe it should be a tool for everyone to create, solve, and thrive,” said Kimberly Storin, chief marketing officer at Zoom. “Through this commitment, we’re helping unlock that potential across classrooms, communities, and workplaces.” Zoom’s first-round grant recipients include two organizations, Code.org and data.org, empowering learners, workers, and non-profits with the skills, confidence, and capacity to lead in this new AI era. data.org is a field-building organization that works with a global network of social sector innovators to build data and AI-enabled solutions driving real-world impact. “With the support from Zoom Cares, data.org will host its fifth global challenge, which allows us to identify and invest in innovative approaches that leverage data and AI to build economic opportunity in communities around the world,” said Perry Hewitt, Chief Strategy Officer at data.org. “Challenge awardees are exemplary social impact organizations advancing social impact. They benefit from access to capital, technical assistance, and a collaborative network of peers, while we learn more about what works and how, together, we can tackle the world’s most pressing issues with the help of AI.” Code.org is a non-profit organization working to make computer science and artificial intelligence education a core part of every student's K–12 education. They are increasing opportunity for students of all backgrounds, reaching them where they are — at their skill-level, in their schools, and in ways that inspire them to keep learning. “Zoom Cares' support is a powerful investment in our mission,” said Hadi Partovi, Founder/CEO at Code.org. “This funding will help us expand access to our free AI curriculum, empower more educators through professional learning, and ensure more students from underserved and underrepresented groups have the opportunity to thrive in the digital age.” Launched in 2020, Zoom Cares has contributed over $66 million to communities around the world. By focusing its most ambitious investment yet on AI education and inclusivity, Zoom Cares is helping build a future where technology expands human potential. To learn more about this Zoom Cares commitment, read here. About ZoomZoom’s mission is to provide an AI-first work platform for human connection. Reimagine teamwork with Zoom Workplace — Zoom’s open collaboration platform with AI Companion empowers teams to be more productive. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer experience teams, including Zoom Contact Center, strengthen customer relationships throughout the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more information at zoom.com. Zoom Public RelationsBridget Moriarty press@zoom.us

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