Microsoft Invests in Grab Ride-Hailing Service
Microsoft Corp. is making an unspecified investment in Singapore-based GrabTaxi Holdings Pte. Ltd. as part of a deal that includes collaborating on big data and artificial intelligence systems.
Microsoft Corp. is making an unspecified investment in Singapore-based GrabTaxi Holdings Pte. Ltd. as part of a deal that includes collaborating on big data and artificial intelligence systems.
As a first step, Grab will adopt Microsoft’s Azure technology as its preferred cloud platform. This includes data analytics and fraud detection applications.
The companies also will work together to develop innovations for Grab that include advanced facial and image recognition systems, natural language processing, mapping, third-party telematics services, machine learning, loyalty reward programs and computer vision technologies. For example, a person could take a photo of his or her location when they book a ride and have it converted into an address to help the driver find them.
Microsoft technologies will power Grab's "recommendation engine" that analyzes user data and behavior to provide personalized services. Grab will provide on-demand transportation booking options to Microsoft Outlook users, allowing them to book rides directly in the application and be alerted with calendar reminders.
Grab operates in 235 cities across eight countries in southeast Asia. In addition to ride-hailing services, the company has a digital payment system and other mobile technologies.
RELATED CONTENT
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
-
on lots of electric trucks. . .Grand Highlander. . .atomically analyzing additive. . .geometric designs. . .Dodge Hornet. . .
EVs slowdown. . .Ram’s latest in electricity. . .the Grand Highlander is. . .additive at the atomic level. . .advanced—and retro—designs. . .the Dodge Hornet. . .Rimac in reverse. . .
-
Robotic Exoskeleton Amplifies Human Strength
The Sarcos Guardian XO Max full-body, all-electric exoskeleton features strength amplification of up to 20 to 1, making 200 pounds—the suit’s upper limit—feel like 10 pounds for the user.