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Tools for Humanity

Coverage of Tools for Humanity in the Nexus archive.

Earliest in view: Jun 8 · 21:05 UTCMost recent: Jun 8 · 22:41 UTC
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  • BUSINESSJun 8 · 22:41 UTCTECHCRUNCH
    As OpenAI files for IPO, Sam Altman’s eye-scanning company is doing layoffs, report says

    OpenAI has filed for an IPO, while Sam Altman's identity verification company, Tools for Humanity, is reportedly struggling to generate revenue and will downsize its staff.

  • BUSINESSJun 8 · 21:05 UTCBUSINESS INSIDER
    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.