Zoho founder Sridhar Vembu warns: This boom makes me very uncomfortable, as current investment in AI is ...

Zoho founder Sridhar Vembu is the next to join the ongoing ‘ AI bubble ’ debate. Vembu has issued a cautionary warning on the present surge in artificial intelligence investments. He described the market as a ‘financial bubble’ that could distort long-term innovation. In an interview with CNBC-TV18 , Vembu said that while AI holds enormous promise, the present wave of huge valuations and funding practices are becoming a cause on concern. “This boom makes me very uncomfortable,” he said. “While AI as a technology has enormous promise, much of today’s investment is speculative.”