Grab Investing $150 Million in AI Over Next 12 Months

The transcript discusses Grab's strategic use of AI to address specific challenges in Southeast Asia, such as fraud reduction and financial services enhancement. It highlights Grab's significant investment in AI, aiming to expand from AI-powered to AI-everywhere. The company draws inspiration from global leaders and partners with Microsoft to develop localized AI solutions. Despite competition from Go Jack, Grab focuses on customer-centric solutions and market leadership in ride-hailing, food, and payments. The transcript also touches on the economic impact of the US-China trade war and Grab's growth strategies.

What percentage of fraud has Grab managed to reduce using AI?

• 10%

• Less than 1%

• 5%

• 15%

What is Grab's future investment goal for AI?

• $200 million

• $150 million

• $100 million

• $250 million

What is the main focus of Grab's partnership with Microsoft?

• Improving facial recognition and NLP for localized languages

• Developing new ride-hailing features

• Creating a new payment system

• Expanding into new markets

How does Grab view the competition with Go-Jek?

• As an opportunity to collaborate

• As less important than focusing on customer needs

• As a distraction

• As a major threat

How has Grab's food business in Indonesia grown in the first half of the year?

• Doubled

• Decreased

• Remained the same

• Tripled

What is Grab's revenue target for the year?

• $1 billion

• $2 billion

• $3 billion

• $4 billion

What is the impact of the US-China trade war on Southeast Asia according to Grab?

• It has no impact

• It has decreased investments

• It has turned Southeast Asia into an investment hotspot

• It has increased competition