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The Nexus
BUSINESSJun 8 · 21:05 UTCBUSINESS INSIDERNicole Einbinder ([email protected])

Sam Altman's eye-scanning startup is laying off employees

Tools for Humanity, a startup co-founded by Sam Altman, is laying off employees amid struggles to generate revenue with its iris-scanning 'Orb' device. Despite a $2.5 billion valuation and backing from investors like Andreessen Horowitz, the company faces challenges in proving its technology's viability and regulatory acceptance.

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Tools for HumanityorganizationSam AltmanpersonOrbtopicAndreessen HorowitzorganizationBain CapitalorganizationKhosla VenturesorganizationWorldcointopic
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