Grab Credits AI Investments For 23% Jump in Driver Earnings

Grab Holdings is betting that 14 years of hyper-localized data can outrun seasonal slumps and regulatory headwinds in Southeast Asia.  The Singapore-based “super-app” reported first-quarter results Tuesday (May 5) that showed revenues up 24%, and highlighted the increasing reliance on artificial intelligence (AI) to squeeze efficiency from its massive delivery and ride-hailing networks.