Gen AI, cloud optimization, see SuperApp Grab turn a profit

Singapore-based superapp Grab logged its first ever positive net profit late last week and revealed it was helped by cutting cloud costs and adopting generative AI. “2023 was a pivotal year for Grab,” enthused co-founder and CEO Anthony Tan in an earnings call. The superapp’s net profit hit US$11…#singapore #grab #anthonytan #genrativeai #indonesian #foodpanda #deliveryhero #southeastasian #transcab
Source: Reuters: Health - Category: Consumer Health News Source Type: news