Grab pumps US$15m into autonomous vehicle startup
Drive.ai to look into Singapore as potential deployment location for its driverless technology
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Singapore
IN a move that will accelerate its influence in the global land transport space, Grab has invested US$15 million in California-based driverless car technology startup, Drive.ai.
The investment will deepen Grab's efforts in autonomous vehicles - a space the Singapore- based ridesharing and mobile payments firm has described as "exciting" - and could make autonomous ridesharing in Singapore a reality sooner than expected.
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