This marks Pi’s first major deployment since launching its $100 million VC fund aimed at backing real-world blockchain use cases.
OpenMind, founded by Stanford professor Jan Liphardt, is creating OM1, a universal operating system designed to standardize how robots interact across industries. Paired with its FABRIC protocol—focused on machine identity, trust, and real-time coordination—the company aims to build the backbone for a decentralized robotics ecosystem spanning autonomous vehicles, smart factories, and elder care.
Joining Pi in the round were major players like Coinbase Ventures, Pantera Capital, Ribbit Capital, and Sequoia China.
While some in the Pi community applauded the forward-thinking bet on AI and decentralization, others questioned whether resources should have stayed closer to home—focused on strengthening Pi’s core blockchain and infrastructure. Pi, however, appears intent on building bridges between Web3 and frontier tech, potentially positioning the Pi token as a utility layer for machine-to-machine transactions in the long run.
Pi Network also rolled out a security upgrade for its wallet, introducing a Passkey login option for one-tap, password-free authentication. This comes amid rumors of exchange listings and growing attention on Pi’s ecosystem evolution.
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