Pi Network Token Rises 38% Thanks to AI Plan and Rumored Collaboration with Google

The token price of Pi Network has increased by 38% this week ahead of the anticipated announcement related to artificial intelligence, raising speculation about a possible collaboration with Google. The excitement began when Pi Network co-founder Nicolas Kokkalis appeared at a generative AI seminar at Consensus 2025, sparking speculation about Pi's next move. On June 22, Pi Network posted on X that the company would provide answers on June 28 at an event called Pi2Day. The appearance of one of the co-founders and the subsequent post from Pi signals that the company may be preparing to integrate artificial intelligence technology directly into its ecosystem. Since the post, the Pi Network token ( PI ) has skyrocketed, peaking at $0.65 on June 25, up 38% from a low of $0.47 on June 22. However, the token has dropped back to $0.57 at the time of writing.

Rumors about Google's collaboration are spreading on social media. After the PI token surged, social media users shared their views on the content of the AI announcement. A user X stated that this network is rumored to have a deal with Google AI. This user believes that the star appearing on the Pi Network announcement may resemble the logo of Google's artificial intelligence branch. Another community member mentioned that this announcement may be related to another project called PiAI. While some people speculate that this announcement will be significant, others are taking a cautious approach to the news. A community member wrote that while some may be optimistic on June 28, they should "lower their expectations" to avoid disappointment. Cointelegraph reached out to Pi Network for a comment but did not receive a response after the article was published. Meanwhile, another community member questioned the value proposition of Pi. "I have not seen any innovation, as other blockchains/projects have done most of what they are doing," this user wrote, urging the community to question and criticize the project. The 100 million dollar startup fund of Pi Network This increase follows another important announcement from Pi Network last month. On May 15, the company launched a $100 million fund to invest in businesses and startups to enhance the utility of the blockchain ecosystem. The research team stated that investments are usually calculated in US dollars. However, the project also aims to use its native token to fund eligible projects.