Pi Network Backs $20M OpenMind AI Push to Power Humanoid Robot Future
Pi Network has made a big jump into the world of artificial intelligence by joining a $20 million funding round for OpenMind...
Quick overview
- Pi Network has invested in OpenMind, a robotics startup, as part of a $20 million funding round, marking its first major investment since launching its venture capital arm.
- OpenMind is developing OM1, a universal operating system for humanoid robots, and the FABRIC protocol for real-time collaboration between intelligent machines.
- This investment enhances the real-world relevance of the Pi token and aligns with Pi's mission to support scalable innovations in decentralized AI and robotics.
- While the investment has been positively received, some community members express concerns about prioritizing internal development over new ventures.
Pi Network has made a big jump into the world of artificial intelligence by joining a $20 million funding round for OpenMind, a Silicon Valley robotics startup. This is Pi Network’s first major investment since launching its $100 million venture capital arm earlier this year.
Other participants in the round include Coinbase Ventures, Pantera Capital, Ribbit Capital, and Sequoia China. The investment is a sign of growing interest in decentralized AI infrastructure and robotics.
OpenMind is led by Stanford professor Jan Liphardt, who is building OM1, a universal operating system for humanoid robots, like Android for smartphones. The platform will allow multiple types of robots to work seamlessly across different environments – from healthcare to logistics.
Alongside OM1, the company is launching the FABRIC protocol, a framework for identity verification, trust and collaboration between intelligent machines in real-time networks.
Strengthening Pi’s Token Utility
Pi Network’s involvement in OpenMind means more than just financial backing. It’s a move that makes the Pi token more real-world relevant and potentially embeds it in AI service ecosystems where transactional utility is key.
Strategic implications:
- More visibility of Pi in next-gen AI platforms
- Broader use cases in autonomous services and robotics
- Alignment with Pi’s mission to back real-world, scalable innovations
As more startups adopt decentralized AI models, Pi’s integration into such platforms could be a long term value for its 47 million Pioneers.
Mixed Reactions and Security Upgrades
While the AI investment has been welcomed by many as a forward thinking move, some Pi community members have expressed concerns. Some are saying the platform should focus on internal ecosystem development before venturing into new areas like robotics.
One Pi user called the investment “alarming” and asked for more focus on network integrations and mainnet functionality. But Pi Core Team has addressed the concerns.
Recently, the platform launched a Passkey security feature to address wallet vulnerabilities. This one-tap authentication upgrade comes after reports of wallet breaches and follows a series of system wide updates including the rumored Binance listing updates.
Conclusion:
Pi Network’s investment in OpenMind is a big move into blockchain and AI, to shape the infrastructure for decentralized robotics. As the lines between crypto, artificial intelligence and robotics continue to blur, Pi Network is positioning itself as the bridge between these emerging technologies.
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