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grab embraces autonomous vehicles and ai in ambitious growth strategy
Grab is making significant strides in the autonomous vehicle (AV) sector, with plans for a hybrid AV-human fleet and a focus on AI to enhance its advertising business. Despite a revenue increase in its financial services, the segment remains unprofitable, raising concerns among analysts. Meanwhile, Indonesia has launched a Temasek-like investment arm, Danantara, with an initial funding of $20 billion aimed at driving economic growth through large-scale projects.
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