Pi Network Ventures Makes First Investment in OpenMind to Co-build a Decentralized AI Robotic Collaboration Framework

On October 31st, Pi Network Ventures announced the accomplishment of a strategic investment in OpenMind and officially launched technical cooperation. The core technologies of OpenMind encompass the hardware-agnostic OM1 operating system and the FABRIC protocol. These two aspects jointly facilitate the enabling of robots to collectively learn and collaborate within a decentralized ecosystem. By leveraging Pi Network's distributed computing power and its global network consisting of 350,000 nodes, OpenMind has successfully completed the first proof of concept (PoC) for deploying distributed computing power AI models for robots. OpenMind is capable of deploying the facial recognition AI model utilized by robots in a decentralized manner on the OM1 operating system. This reduces the costs and dependencies associated with traditional centralized cloud computing and enhances privacy in a verifiable and permissionless manner within the context of embodied intelligence. Pi Network Ventures stated that investing in OpenMind is not merely a capital allocation but also a significant step in constructing the technical and ecosystem linkage capabilities for Pi Network in the era of physical AI and embodied intelligence dominance. The two parties will persist in collaborating in the direction of distributed computing power and intelligent body collaboration, delving into the potential of blockchain, AI, and intelligent robotics integration in the next stage.