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Sridhar Vembu is chief scientist at Zoho. Quoting Chamath Palihapitiya's estimate that 70 to 75 cents of every dollar spent on AI is venture money, he says Zoho will keep investing in foundational AI research and wait to invest in infrastructure.
Sridhar Vembu
"So, roughly, $0.70-75 of every dollar of AI spending right now comes from AI companies spending VC investment dollars"
As a rule, we have stayed away from monster-bets-on-other-people's-money approach to business.
We are investing in foundational R&D in AI but will await a less bubblicious time to invest in infrastructure.
Sridhar Vembu's post on X, curated on eChai
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