New Delhi, Oct. 8 -- The rapid decline in artificial intelligence (AI) token costs is a positive development for India, further growing affordability of the technology is expected to reduce corporate spending on AI tools in the coming years, said Zoho co-founder Sridhar Vembu.

Addressing the launch of the World Development Report 2026, Vembu highlighted that AI costs are declining rapidly, even as companies continue to invest heavily in the technology, particularly for software development.

"Token costs are falling rapidly and intelligence is actually commoditizing rapidly.and that's a good trend for India," he said.

Explaining the economic value of AI, Vembu said much of its current commercial application comes from software developme...