Zoho founder Sridhar Vembu: AI is clearly an investment bubble, justification is …
TIMESOFINDIA.COM / May 24, 2026, 15:53 (IST)
Zoho founder Sridhar Vembu warns the AI boom is a massive investment bubble, potentially the largest yet. A viral post claims AI growth relies on 'round trip revenue loops,' where tech giants fund AI startups with cloud credits, which startups then spend on those same giants' servers. This creates inflated revenue and paper profits, mirroring the dot-com crash.