Indian equity markets are relatively protected from the risks of a potential artificial intelligence (AI) bubble, owing to their limited exposure to pure-play AI companies and a more balanced market structure, according to a report by Motilal Oswal Private Wealth.
The current rally in artificial intelligence (AI) related investments is justified and sustainable, and there are no signs of a bubble forming at this stage, highlighted a latest report by JP Morgan.
"The internet, we had a dot-com bust. Only after that, the internet really took off. So first we have to cool the hype in anything, by the way, it's the same thing with other type," Sridhar Vembu said.
Sridhar Vembu, Founder and CEO of Zoho Corporation, reacted to the company being dropped from the top 100 apps list, saying it is a normal course of events. He added that the team remains focused on the code and emphasised that those mocking this development are simply wasting their time.