Zoom Video Communications reported its Q1 earnings, showing a 3% year-over-year growth and a 39% operating margin. Despite beating earnings expectations and raising its full-year guidance, the company's stock ($ZM) dipped as investors were unimpressed. Zoom's significant investment in research and development, amounting to $117 million for the quarter, highlights its focus on integrating AI capabilities across its platform. Over 680,000 Zoom accounts have enabled AI Companion since September 2023, leading to notable productivity gains. The company aims to further digitize frontline work with its advanced, no additional cost approach to AI technology.