Pi Network Ventures Announces First Investment in Openmind AI Company

Pi Network Ventures has made its initial investment in Openmind, a company developing artificial general intelligence through decentralized systems. The announcement came on October 29, 2025, via posts on X from the Pi Core Team and Openmind, with further details provided in a news release on Openmind's blog. 

This investment means Pi Network Ventures will provide funding to Openmind to support its work on decentralized AI infrastructure.

Pi Network and Its Ventures Arm

Pi Network is already a household name in the blockchain industry, following its mainnet launch in February 2025. The protocol has already attracted over 60 million users who engage in daily mining activities without requiring specialized hardware. The network uses a consensus mechanism based on the Stellar Consensus Protocol, adapted for mobile accessibility, enabling users to validate transactions and secure the network on their devices.

The Ventures' arm extends the Pi Network ecosystem and was established to invest in projects that integrate with Pi's blockchain infrastructure. The arm focuses on initiatives involving blockchain, Web3 technologies, and related fields such as artificial intelligence. This first investment in Openmind marks the start of the firm's activities. 

Openmind and Its AI Focus

OpenMind develops AI software for robotics, specifically an open-source operating system and protocol that enable robots to perceive, reason, act, and collaborate. The company structures its operations around decentralized principles, using blockchain to distribute computing resources and facilitate secure machine-to-machine coordination. This approach contrasts with centralized AI models, where control rests with a single entity.

The platform enables users, such as node operators in partnered networks, to contribute computing power to run AI workloads, such as image recognition models. In return, participants can receive rewards in the form of cryptocurrency from the integrated network, such as Pi in the case of the Pi Network partnership. Broader incentives may include token rewards to encourage robot owners and teleoperators to deploy and manage systems, though official tokenomics have not been announced. OpenMind integrates blockchain technologies, including smart contracts for governance and identity management, to securely and transparently handle these processes.

OpenMind's technical framework involves distributed ledger technology to manage robot coordination and AI tasks. This includes protocols for identity verification and context sharing across nodes, with collaborations that incorporate zero-knowledge proofs for auditing robot behavior and ensuring privacy during data exchanges. These elements form the core of OpenMind's decentralized infrastructure for robotics AI.

The Investment's Structure and What it Means 

The investment from Pi Network Ventures in Openmind involves an undisclosed amount of funding to support Openmind's research and development. According to the sources, the partnership seeks to align Pi Network's community resources with Openmind's AI capabilities. Pi's Pioneers could contribute to Openmind's network by providing distributed computing power via their mobile devices, leveraging Pi's existing mining app infrastructure.

This setup would use Pi's SCP consensus algorithm and extend it to support AI computations. Openmind's decentralized model could integrate with Pi's blockchain for tasks like model verification and reward distribution. The collaboration does not involve memecoins or speculative trading elements; instead, it centers on utility-driven applications within the ecosystems.

The company's news release on its website explains: "By connecting our robotics systems to Pi’s global node network, we’re exploring how distributed compute power can support AI and robotics in the field. It’s a convergence of hardware, intelligence, and decentralized infrastructure that could redefine what “the cloud” looks like for machines.”

The blog announcement notes that the funding will help scale operations, including expanding the contributor network and enhancing AI training algorithms. Openmind's current roadmap includes beta releases for community-driven AI tools, where users test and refine models collaboratively. Pi Network Ventures' involvement provides access to a large user pool, potentially increasing the dataset diversity for AI development.

Conclusion

Pi Network Ventures' investment in Openmind combines Pi's extensive user network with Openmind's decentralized AI infrastructure, enabling potential integrations in distributed computing and reward systems. 

Readers interested in participating should monitor official channels for updates on mainnet launches and beta programs, as this collaboration demonstrates practical applications of blockchain in AI without overstepping current capabilities.

Sources:

• OpenMind blog: https://openmind.org/news/pi%20network 
• Pi X Announcement: https://x.com/PiCoreTeam/status/1983666640131912048