Pi Network Ventures announces a strategic investment in OpenMind

PI-0,28%

Golden Finance reported on October 31 that, according to the official blog of OpenMind, the investment department of Pi Network, Pi Network Ventures, announced a strategic investment in OpenMind to jointly build a decentralized operating system for Bots. OpenMind will integrate Pi Node operators to run OpenMind's AI workloads, enabling idle computing resources to support real-world robotics technology. The two teams recently conducted a proof of concept. In August 2025, OpenMind announced the completion of a $20 million financing round led by Pantera Capital, with participation from industry leaders such as Ribbit, Coinbase Ventures, HSG, DCG, Primitive Ventures, Lightspeed Faction, and many well-known angel investors.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Pi Network PIRC baseline protection mechanism sparks controversy, implying a “quasi-stablecoin” logic

Pi Network member Daniel F raised a logical contradiction in the PIRC token design, noting that if it has a 23.8% floor protection, it would need to behave like a stablecoin, which conflicts with its high volatility on CEX. This floor is based on Pi’s price calculations; if Pi itself fluctuates significantly, it will be unable to effectively protect holders. Daniel emphasized the importance of transparency, but the project team did not respond to it, leading the community to continue speculating about the reasons for its silence.

MarketWhisper2h ago

Pi Network Major Transformation: 210 Ecosystem Applications Deployed, 23k Developers Ready

The Pi Network ecosystem is accelerating its transition, with more than 210 active applications and 23,000 developers actively participating in Pi Studio, spanning multiple areas such as payments, community engagement, education, and gaming. The ecosystem’s diversity shows indicators of healthy development, and developers’ engagement is driving ongoing application optimization. In the future, improving the usefulness of the mainnet will be a key challenge, including issues that need to be urgently addressed such as scalability, security, and user adoption rates.

MarketWhisper2h ago

Pi Network Expands Developer Tools With RPC Server Upgrade

Pi Network has taken another step to improve its system for developers. The project has launched a new RPC server upgrade on its Testnet, making it easier to build and test apps on the network. This update allows node operators to run their own RPC servers In simple words, developers no longer

Coinfomania04-11 22:55

Pi Network Transfers 30M Coins as Migration Resumes

Pi Network has restarted its long-running migration process after a short pause. In the latest update, around 30 million Pi coins moved from an intermediary address to user-linked wallets. The transfer happened just hours after activity resumed, following a one-week break The update suggests the n

Coinfomania04-10 21:24

Pi Network restarts the migration, and 30 million Pi have been transferred into users’ wallets

Pi Network resumed mainnet migration after a pause, transferring about 30 million Pi tokens to users’ wallets, mainly targeting users who have completed KYC. The first migration has been completed, and a second migration is currently underway, with the core team emphasizing batch processing. Some false information appeared during the process; the official account has issued a clarification, reminding users to obtain information through official channels.

MarketWhisper04-10 06:39

Pi Network version 21 released; mainnet RPC and smart contract acceleration are advancing

Pi Network released version 21 on April 9. The key update is that the testnet RPC has officially gone live, providing developers with a secure environment to test smart contracts and DApps. Next, smart contracts are expected to be deployed within two months, enabling Pi幣 to transition from a community token into a functional digital asset and to support DeFi applications and automated workflows, while also advancing the KYC migration to ensure compliance.

MarketWhisper04-10 01:50
Comment
0/400
No comments