OpenAI CEO raises $115M for crypto company that scans people’s eyeballs
Enlarge / Worldcoin's "Orb," a device that scans your eyeballs to verify that you're a real human.
A company co-founded by OpenAI CEO Sam Altman has raised $115 million for Worldcoin, a crypto coin project that scans users' eyeballs in order "to establish an individual's unique personhood." In addition to leading the maker of ChatGPT and GPT-4, Altman is co-founder and chairman of Tools for Humanity, a company that builds technology for the Worldcoin project.
Tools for Humanity today announced $115 million in Series C funding from Blockchain Capital, Andreessen Horowitz's crypto fund, Bain Capital Crypto, and Distributed Global. Blockchain Capital said that Worldcoin's "World ID" system that involves eyeball-scanning will make it easier for applications to distinguish between bots and humans.
The Orb's components. (credit: Worldcoin)
"Worldcoin strives to become the world's largest and most inclusive identity and financial network, built around World ID and the Worldcoin token-a public utility that will be owned by everyone regardless of their background or economic status," the crypto firm's funding press release said.