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Zoho freezes annual pay hikes, cuts marketing spend amid rising AI costs

Zoho freezes annual pay hikes, cuts marketing spend amid rising AI costs

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Zoho founder Sridhar Vembu has announced that there will be no salary hikes for employees this year amid a rise in artificial intelligence (AI) infrastructure costs. In a post on X, Vembu explained that the advent of artificial intelligence (AI) systems that require a lot of compute has resulted in…

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