Pi Network Invests $20M in AI Venture OpenMind

Friday, Aug 22, 2025 6:37 pm ET1min read

Pi Network has invested $20M in AI venture OpenMind AGI and launched the Philippine Hackathon 2025. The move aims to expand AI utility in blockchain technology. However, the PI token saw a short-term 16% price drop post-announcement. Ethereum and Cardano experienced notable whale activities, indicating market volatility. Pi Network's strategic focus on AI and blockchain technology may redefine blockchain applications and cause further market fluctuations.

Pi Network Invests $20M in AI Venture OpenMind