Tag: data centre costs
STARTUP/TECHNOLOGY Zoho No To Salary Hikes As AI Costs Soar; Vembu Warns Of Grim Phase

Zoho Corporation will not give its employees their usual annual salary hikes this year, as soaring artificial intelligence (AI) costs, a fourfold increase in server prices and geopolitical uncertainty put pressure on the software company’s business outlook. Zoho co-founder and chief scientist Sridhar Vembu announced the decision in a post on X, acknowledging that the […]

Sajan C Kumar · Oct 13, 2026
STARTUP/TECHNOLOGY Zoho’s Sridhar Vembu Says AI, Data Centre Costs Are Slowing IT Hiring

Zoho Corporation Co-founder and Chief Scientist Sridhar Vembu has raised concerns over slowing job creation in India’s information technology sector, saying increasing investments in artificial intelligence (AI) and data centre infrastructure are diverting funds that would otherwise have gone towards hiring new employees. In a post on social media platform X, Vembu said the country’s […]

Sajan C Kumar · Aug 2, 2026