Zoho founder Sridhar Vembu has weighed in on IBM CEO Arvind Krishna's warning that the multi-trillion-dollar AI data centre buildout could be a bubble, saying his company would focus on building core AI capabilities rather than chasing what he described as an investment frenzy.
Responding to a social media post highlighting Krishna's remarks, Vembu said: "IBM CEO Arvind Krishna says the multi-trillion-dollar AI data centre buildout is a bubble."
He added that Zoho is investing in capabilities such as data curation, reinforcement learning and, most importantly, compiler infrastructure to ensure AI-generated outputs can be verified.
"We will not chase the investment bubble. This is just our normal prudence. To some people that would sound defeatist, but we will talk in five years," Vembu said.
Vembu was reacting to a post by technology author David Linthicum, who endorsed Krishna's concerns over the massive spending on AI infrastructure.
