This is going to continue.my.
Grab invests $3 billion in Malaysia's artificial intelligence. Bloomberg: Independent returns may not reach double digits.
Grab plans to spend US$750 million (about RM3.04409 billion) to invest in artificial intelligence (AI) data centers in Malaysia, but Bloomberg Industry Research believes that if the return on this investment is calculated alone, it may be difficult to reach the double-digit cost of capital threshold.