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Microsoft invests in ride-hailing service Grab

The companies plan to work together on technology projects, in areas including big data and AI in an attempt to transform the delivery and mobility solutions in Southeast Asia

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Singapore-based ride-sharing service Grab on Tuesday announced that Microsoft will strategically invest in the company with the aim of improving delivery of digital services and mobility solutions across Southeast Asia.

As part of the five-year collaboration, Grab will adopt Microsoft Azure as its preferred Cloud platform and make use of its Artificial Intelligence (AI) capabilities to increase and improve the capacity and capabilities of its platform, Grab announced in a blog post.

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