Imagine stepping into your Grab and having an AI facial recognition scanner confirm your identity instantly.
That scenario may not be that far into our future.
As part of a 5-year strategic partnership, tech giant Microsoft will be investing an undisclosed sum into Southeast Asian ride-hailing firm Grab.
The ambitious crossover project will involve big data and Artificial Intelligence (AI) technology.
That may sound like a whole lot of jargon, but let’s break down what that means for an average Grab user.
Grab will be using the investment from Microsoft to focus on improving users’ experience and safety.
Here’s what their collaborations may entail for us:
Grab had earlier announced that it planned to raise approximately US$3 billion by year-end.
So far, it has already raised US$2 billion, comprising of a number of prominent organisations, including Toyota, SoftBank and Chinese ride-hailing company Didi Chuxing.
Grab is likely to tap strategic and financial firms for the remainder of the funding, according to Reuters.
Homegrown Grab has taken its business to 8 Southeast Asia countries in the past 6 years, offering ride-hailing, food delivery, financial and mobile payments services to consumers.
They seem to be doing well despite facing regulatory scrutiny in several markets after the Grab-Uber merger.
With Indonesian rival Go-Jek expanding in the region, could competition finally heat up?
Featured image from Facebook and Motor Authority.
The salmon had become too thin because it "exercised too much", a netizen joked.
A disruption occurred on the Circle Line about four hours later on the same day.
Mr Seetoh Kwok Meng was the "most jovial" among his siblings, said Mr KF Seetoh.
The customer wanted to pay in cash only and rejected the rider's request to transfer…
The coroner said this was the first case of its kind he had encountered in…
The brand-new jet suffered a series of technical issues since its first-ever flight on 19…