Microsoft Corp is investing in South-East Asian ride-hailing firm Grab as part of a partnership that the two companies said will allow them to collaborate on technology projects, including big data and artificial intelligence. The companies did not disclose the deal value.
Grab had earlier said it planned to raise roughly US$3bil (RM12.4bil) by year-end, of which it has already raised US$2bil (RM8.3bil).
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