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Pi Network’s native token rose by 38% this week as growing speculation about a potential integration with artificial intelligence and rumored links to Google gained traction ahead of the Pi2Day event scheduled for Saturday. The market responded strongly after project co-founder Nicolas Kokkalis appeared at a high-profile generative AI panel.
The co-founder of Pi Network, Nicolas Kokkalis, spoke on a generative AI panel at Consensus 2025, generating attention regarding whether the project would add AI-powered features. Following its appearance, Pi Network published a teaser on X and claimed that on Pi2Day, June 28, the team would share more information about the project.
The PI token rebounded after the post, rising to $0.65 on Wednesday after hitting a low of $0.47 on Sunday, before retracing to $0.57 at the time of writing. This move was indicative of high expectations that Pi Network could expand its applications via AI, particularly following the burgeoning use of new developments, such as generative AI, in the crypto sphere, as the industry increasingly harnesses new technology to enhance blockchain systems.
The post by Pi Network also featured a star icon, which, according to some community members, was somewhat similar to the logo of Gemini AI, a generative AI platform created by Google. This attracted more speculation that Google AI might have partnered with Pi Network. Nevertheless, the company has not yet made an official announcement regarding such cooperation.
Community-driven theories gained traction after users reported spotting what appeared to be a Gemini AI icon within the Pi Network app interface. Social media discussions suggested the Pi Core Team may be collaborating with Google’s AI division. Others linked the rumor to Pi Network’s earlier moves to integrate Google data into its blockchain infrastructure, announced in late 2023.
Despite the enthusiasm, neither Pi Network nor Google has provided official confirmation. Shared participation in AI-focused events and the presence of AI logos in in-app visuals do not establish the existence of a formal partnership. Neither company has listed the other in any verified partnership documentation or issued a joint press release.
The hypotheses about the relationship between the creation of AI and the technology that Pi uses by Google are not proven. According to experts, employing external data or tools, whether received through Google or not, it does not equate to a strategic partnership. Artificial intelligence capabilities can be implemented without collaboration or association with Google or its subsidiaries.
The anticipation in the Pi Network community has been increasing with the upcoming Pi2Day event. Others believe the team is preparing to launch a significant AI product or partnership, whereas others recommend a more modest perspective, warning against inflated expectations.
In another development earlier this month, Pi Network introduced a $100 million fund to help develop ideas for its technology, aiming to incubate projects across its ecosystem. The fund plans to enhance the utility of the PI token by supporting start-ups and applications that address the actual application of blockchain.
As interest builds, Pi Network’s team has maintained silence on the Google rumors. All attention now shifts to June 28, where the Pi2Day announcement is expected to clarify the project’s direction and whether artificial intelligence will play a central role in its roadmap.
