Pi Network’s Rumored AI Partnership Sparks Pi2Day Hype
Pi Network's token price increased by 38% this week, reaching a peak of $0.65, driven by speculation about an upcoming AI-related announcement and a potential partnership with Google. This speculation was ignited by co-founder Nicolas Kokkalis's appearance at a generative AI panel and a subsequent post on X regarding an event called Pi2Day on June 28. Social media users are discussing the possibility of a collaboration with Google AI, with some suggesting connections between Pi's branding and Google's logo. While excitement exists, some community members advise caution and suggest managing expectations. Concerns about Pi Network's innovation compared to other blockchain projects have also been raised. Additionally, Pi Network recently announced a $100 million fund aimed at investing in businesses to enhance its blockchain ecosystem.