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Grab CEO warns AI crucial for growth, non-users risk lagging

Grab CEO Anthony Tan stressed the importance of AI adoption at Converge Live in Singapore, warning that those who ignore AI risk falling behind.

He highlighted Grab’s AI solutions, including the “driver co-pilot,” which optimizes job matches and reduces passenger wait times.

Grab reported US$2.8 billion in 2024 revenue, a 19% increase, and recently ran a nine-week “generative AI sprint” to develop AI-driven tools for merchants.

“People thought I was crazy, maybe I am, but it really moved the needle,” he said.

Tan aims to expand AI adoption across Grab’s 7,000-employee workforce and personally uses AI for coding and productivity.

He emphasized AI’s role in supporting entrepreneurs and reaffirmed Grab’s commitment to integrating AI across its services.

Recent Grab developments

Timeline
10-Mar-2025 🎉 Grab, Gojek CEOs agree to give Eid holiday bonuses to drivers
  • Holiday bonuses announced for online drivers.
  • Distribution details will be issued by Ministry of Manpower.
10-Mar-2025 🚗 Grab partners with autonomous tech firms for AV expansion
  • Grab partners with four AV tech firms
  • Focus on integrating AVs in Southeast Asia
07-Mar-2025 👋 Grab exec departs to lead digital property firm
  • Russell Cohen leaves Grab after nearly 8 years
  • He’ll become CEO of Pexa in Melbourne
04-Mar-2025 🛒 Grab acquires another Malaysian supermarket chain
  • Grab acquires Eastern Grocer for grocery expansion
  • Focus on digital growth in East Malaysia grocery retail

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