Pi Network's venture capital debut! Invests in humanoid robot company OpenMind with a $20 million financing to layout the AI future.

Pi Network's venture capital firm Pi Network Ventures has officially debuted, announcing participation in a $20 million funding round for AI robot startup OpenMind. This funding round also includes top institutions such as Pantera Capital. OpenMind was founded by a Stanford professor and is dedicated to developing a universal operating system OM1 for multi-brand robots and building a FABRIC protocol for trust collaboration between machines. This is the first major investment after Pi Network launched its $100 million venture capital fund, marking its transition to a strategic capital role and exploring the eco-empowerment path of integrating blockchain with AI robots. At the same time, the Pi core team has launched a wallet security upgrade, adding a one-click Passkey verification feature.

Pi Network Ventures invests in AI Bots company Pi Network's venture capital arm, Pi Network Ventures, has taken an important step by officially participating in a $20 million funding round for the artificial intelligence Bots startup OpenMind. OpenMind is a rapidly rising company focused on building decentralized systems for intelligent machines.

Other notable participants in this round of financing include Pantera Capital, Ribbit Capital, and Sequoia China.

This investment indicates that the Pi Network platform is transforming towards becoming a strategic capital participant, and it is a strategic step taken on the path of AI-driven automation and machine collaboration.

Previously, CoinGape reported that Pi Network has established a venture capital fund with a scale of 100 million USD, aimed at supporting projects with real-world practicality. By investing in startups such as OpenMind, Pi Network has demonstrated its ambition to become an important force in the AI field.

OpenMind: Creating the "Android System" for Bots OpenMind is a company based in Silicon Valley, founded by Stanford University professor Jan Liphardt. Its core project is to develop a universal operating system for robots called OM1.

The goal of OM1 is to create a software platform that can adapt to different Bots brands, application scenarios, and purposes, similar to how the Android system relates to smartphones. In addition, the company has also launched its FABRIC protocol. This protocol aims to build trust mechanisms, ensure identity security, and achieve real-time collaboration among intelligent machines.

The OM1 operating system, combined with the FABRIC protocol, provides foundational technological support for key areas such as autonomous driving, elderly care, smart manufacturing, and logistics.

Strategic Significance of the Pi Ecosystem This investment has multiple meanings for the Pi Network and its "Pioneers" user group:

1. Enhance the utility of Pi tokens: As Pi integrates more partnerships and innovative ecosystems, its utility as a transactional layer will grow, especially in the emerging AI and smart services environment.
2. Establishing Global Deep Cooperation: By supporting OpenMind, Pi Network has set a new benchmark for partnerships between deep-tech startups and venture capital globally.
3. Exploring Cutting-Edge Integration: Expert analysis suggests that this investment may be a key step in the Pi Network's integration of Blockchain and Bots, laying the foundation for future systems where decentralized technology and intelligent machines work in synergy.

Community Response and Recent Developments Although most members of the Pi community welcomed and celebrated this news, some users expressed concerns. Some "pioneer" users believe that funding should be more focused on the core development of the Pi network or integration within the ecosystem, and even described this investment as "alarming."

In other dynamic aspects, the Pi Core Team launched a significant security upgrade after the report of a wallet security incident. The wallet now features a new Passkey option. This is a "one-click" verification feature designed to significantly enhance account protection. With this update, users can more conveniently safeguard their account security.

This security upgrade closely follows a series of updates from the Pi Network, particularly the previous integration of Binance functionality that sparked rumors of a possible listing.

Conclusion: The investment of Pi Network Ventures in OpenMind is the first strategic initiative following the establishment of its $100 million venture capital fund, clearly signaling its advance into the forefront of AI and Bots. This not only opens up possibilities for exploring application scenarios of the Pi token in the intelligent machine economy but also marks a shift in the Pi ecosystem from closed construction to external deep technology collaboration. Although there are differing voices in the community regarding resource allocation, this investment undoubtedly enhances the visibility of Pi Network in the Web3 venture capital space. In the future, whether the Pi ecosystem can successfully bridge Blockchain and the physical Bots world to achieve 'symbiosis between the virtual and the real' is worth ongoing attention. At the same time, the continuous improvement of Wallet security is also fundamental to safeguarding user assets and maintaining ecological trust.