Zoom lifts annual revenue forecast as AI features boost demand

Small toy figures are seen in front of Zoom logo in this illustration picture taken March 15, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -Zoom Video Communications raised its annual revenue and profit forecasts on Monday, as hybrid work trends and the integration of artificial intelligence technology into its products boosted demand.

Platforms including Zoom, Microsoft's Teams and Cisco's Webex became household names during the COVID lockdowns and have enjoyed resilient demand as many businesses shifted to hybrid work models.