60% electricity bill hike: Zoho’s Sridhar Vembu warns that mad rush to lead AI race could be catastrophic for a country like India

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Zoho founder Sridhar Vembu warns that the global race for artificial intelligence may soon lead to significant power shortages and increased electricity prices. He points to rising bills in Athens, Georgia, as an example of AI data centers straining local grids. India's own AI expansion faces similar energy challenges.