At the Polkadot Decoded Asia conference in Singapore, Kun Peng, founder of the Stanford Blockchain Accelerator and Applications Summit, delivered a keynote speech titled "A New Chapter in the Convergence of AI and Web3."

Peng pointed out that while current large AI companies focus on efficiency and model performance, they neglect crucial factors like data privacy, transparency, traceability, and verifiability. These are areas where blockchain integration with AI could offer potential solutions. Furthermore, Peng emphasized the potential of cryptocurrencies to enhance communication among AI agents and provide incentives for the development of open-source models and tools.