Gate News reported on March 19 that Alibaba management stated during today’s (March 19) earnings call that over the next 3 to 5 years, global AI computing power will remain in severe shortage. As the only cloud computing company in the Chinese market with self-developed chip capabilities, Pingtou Ge is of vital importance to the Alibaba Group. The management also revealed that an IPO for Pingtou Ge is not ruled out in the future, but there is currently no specific timeline.

PANews March 6 News, Aave founder Stani Kulechov posted on X that Aave Labs has appointed Linda Jeng as Chief Legal and Policy Officer. Linda has been a prominent voice in the DeFi space since DeFi Summer and has held positions at the Federal Reserve Board, Financial Stability Oversight Council, U.S. Department of the Treasury, and SEC, with extensive policy experience. Stani stated that as Aave pushes DeFi towards institutions and mainstream adoption, Linda's addition will play a vital role.

Grayscale believes that blockchain and artificial intelligence are complementary rather than competitive. Although recent volatility in tech stocks has put pressure on the crypto market, the characteristics of blockchain make it a vital infrastructure for the AI economy. At the same time, blockchain can help mitigate risks associated with AI, but AI may also pose new challenges to crypto networks.