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Pi Token in Flight: Is a Google Partnership Coming?
The PI token project of Pi Network gained 38% in value this week ahead of an expected announcement related to artificial intelligence. This rise was further fueled by social media rumors of a possible collaboration with Google.
Speculations began when Pi Network co-founder Nicolas Kokkalis took the stage at a generative AI panel at Consensus 2025. Pi Network announced that it will make a statement at the Pi2Day event scheduled for Thursday via X (formerly known as Twitter).
These developments have increased expectations that Pi Network plans to directly integrate artificial intelligence into its ecosystem.
After the sharing, the PI token price rapidly rose to $0.65 on Wednesday. This level represents a 38% increase compared to the dip level of $0.47 seen on Sunday. However, at the time of writing, the price has again declined to $0.57.
Rumors of Google Partnership are Spreading on Social Media
After the price increase, social media users began to discuss what the announcement would be about.
A X user stated that there are rumors that Pi Network will partner with Google AI. He even suggested that the star visual in the Pi Network announcement resembles the logo of Google's artificial intelligence unit.
Another user claimed that the announcement might be related to a separate project called PiAI.
While some community members see these developments as a significant leap, there were also those who were more cautious. One user commented, "A rise can be expected for Saturday, but expectations should be lowered to avoid disappointment."
On the other hand, a community member questioned the value offered by Pi Network. "What they have done so far does not seem innovative. Other blockchain projects have already done similar things," he urged the community to take a more critical approach to the project.
100 Million Dollar Pi Network Venture Fund
This rise came immediately after a significant development announced by Pi Network last month. The company announced on May 15 that it had launched a $100 million fund to invest in initiatives and companies that will enhance the use of its own blockchain ecosystem.
The project plans to primarily make these investments in US dollars. However, funding for suitable projects with PI tokens is also on the agenda.