Pi’s AI economy bridge revolves around an Android-like OS for robots to bolster the mobile mining network’s utility.
Pi Network (PI) carries on the artificial intelligence (AI) crusade with a fresh partnership with OpenMind, a promising startup that’s developing an AI-based open-source protocol. This will allow robots to think, collaborate & learn from one another in a digital realm, adding a new utility case for Pi Coin (PI).
Big-Time Robot Project Opens New Utility For Pi
This works as a sort of an Android OS dedicated to robots, so equitable access to the AI tools is a part of Pi Network’s (PI) decentralization oath. A bit earlier, these fintech companies partnered on a Proof of Concept (PoC) Web3 project where image recognition models were incorporated into Pi Nodes, serving an extra utility case for 35K+ node validators.
To make this happen, OpenMind employs an AI-focused OM1 language, which are designed to make robots perceive & act based on objective factors, not locked on under one manufacturer’s mechanism or a specific hardware design. For Pi Network, the Pi Ventures investment branch was seeking something tangible.
Pi’s $0.40 Price Quest Stumbles Upon Roadblock
In spite of the developments in the artificial intelligence (AI) field, Pi Network’s native crypto Pi Coin succumbed to a 12% market correction on Thursday. Prior to that, Pi’s price regained key resistance levels to tackle a monthly high of $0.29, whipping up 33% gains in 7 days, according to CoinGecko’s real-time data.
Diving below $0.24 today, Pi Coin’s (PI) market sentiment will depend on crypto whales buying in on this range or continuing to take profits. Another crucial indicator lies in the trading volume, which is barely reaching $80 million in 24 hours, a stagnant figure compared to major-cap alts.
Presently, the big-stake investors are backing Pi Coin at this price range, as the Chaikin Money Flow (CMF) is flashing 0.04 at press time. However, a quicker reclaim of $0.40 can only occur if Pi’s price closes the day above the high-tier Bollinger Band (BOLL) of $0.28.
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