Developers in Pi Network (PI), one of the most talked about altcoins of all time, have announced a new investment.
Pi Network Ventures announced that it has made a strategic investment in OpenMind, a company operating in the field of decentralized artificial intelligence and robotics technologies, and has officially launched a technology collaboration.
According to their own statements, this investment is considered an important step taken by Pi Network towards establishing technological and ecological synergy in the age of “physical artificial intelligence” and “embodied intelligence.”
However, Pi Network (PI) is one of the more controversial altcoins in the cryptocurrency world and has suffered a significant decline since its launch, losing 91% of its value from its all-time high.
OpenMind develops technologies built on the universal hardware-compatible OM1 operating system and the FABRIC protocol. These two frameworks allow robots to learn and operate together without relying on centralized systems. Leveraging the distributed computing power of the Pi Network’s 350,000 global nodes, OpenMind has completed its first proof-of-concept (PoC) test. In this test, facial recognition AI models used in robots were decentralized and deployed on the OM1 operating system.
Pi Network Ventures argued that the investment in OpenMind is not just a financial move; it is also the beginning of a new era where blockchain, artificial intelligence and robotic technologies merge.
