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Pi Network to Launch AI and Robotics? $100 Million Investment Fund Announced
Pi Network Ventures just announced a $100 million venture fund, focusing on generative AI, fintech, gaming, and Web3 applications. It sounds ambitious, but the core idea is simple: use AI and robots to increase the utility of Pi coins.
The hottest investment is OpenMind—a Silicon Valley AI robotics company developing an open-source humanoid robot operating system (dubbed the “Android” for robots). Pi Network has already conducted a proof of concept with them, with over 350,000 nodes running AI workloads, validating the network’s distributed computing capability.
Interestingly, Pi Network has already applied AI to its KYC process, having verified 3.36 million accounts. This shows they’re not just theorizing—AI is indeed lowering the entry cost for users.
But there are risks to this approach: the community’s response is mixed. Some are optimistic about this forward-thinking strategy, while others worry that pouring money into external projects comes at the expense of the ecosystem itself. This reflects a balancing act—innovation versus trust.
Key data point: If these investments really succeed, demand for Pi coins will surge. But success depends on whether these projects can truly be implemented and scaled. For now, it’s still at the storytelling stage.