Zoho’s Sridhar Vembu warns against chasing AI investment bubble

Zoho founder Sridhar Vembu echoed concerns that the massive AI data-centre buildout could be a bubble, aligning with comments made by IBM CEO Arvind Krishna. He said Zoho would prioritise developing core AI capabilities instead of chasing an investment bubble. "To some people that would sound defeatist, but we will talk in 5 years," he said.