Zoho told staff there is no pay rise this year because AI made servers cost four times more. The only Zoho results in this record show a profit of Rs 3,191.5 crore, and no figure for what AI costs.
Sridhar Vembu, Zoho founder and CEO, in a post on X dated 12 October 2026. Recorded 15 October 2026. Our ruling means: literally true, materially misleading.
First membership: 30 days free, then A$89 a year. One introductory trial per customer. Card required; renews annually until cancelled. Cancel before the trial ends to avoid the first charge.
Free · one story a night
Don't take the AI industry's word for it.
“The business outlook for software is uncertain and AI has raised costs dramatically with a massive 4-fold increase in server prices, so Zoho employees cannot have their usual pay increase this year.”
TRUE, BUTSridhar Vembu, Zoho founder and CEO, in a post on X dated 12 October 2026
That's the latest lead check. One a day, receipts attached, in your inbox before someone repeats it at you. Free.
No spam. Unsubscribe in one click. Receipts or it didn't happen.
Pranjal Gupta writes every check himself. Former enterprise architect, from the implementation side. Not a team of anonymous raters.