OpenAI CEO promotes crypto project Worldcoin after fundraising report
The Hindu
OpenAI CEO Sam Altman has doubled down on his vision for cryptocurrency project Worldcoin.
OpenAI CEO Sam Altman has doubled down on his vision for cryptocurrency project Worldcoin, following reports the company was seeking $50 million in funding.
Worldcoin says it aims to create a global identity and financial network. More than 2.6 million people have signed up to have their irises scanned by Worldcoin's "orb" devices in exchange for a digital ID and free cryptocurrency.
Altman appeared as part of a virtual Q&A hosted by fintech-focused investment bank FT Partners on Thursday, a week after crypto news outlet The Block reported that Tools For Humanity, the company behind Worldcoin, was seeking to raise $50 million from investors.
The company is raising funds by selling the project's crypto tokens at a discounted rate, according to The Block.
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"In a world with a lot of AI, knowing who is human matters more and more," Altman said on Thursday.
"The belief was and is that as AI becomes an increasingly important part of our lives...the ability to identify unique humans was going to be more and more important."
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