As OpenAI files for IPO, Sam Altman’s eye-scanning company is doing layoffs, report says
In Brief
3:41 PM PDT · June 8, 2026
OpenAI announced on Monday that it confidentially filed for an IPO, marking what could become the one of the defining public offerings of the decade. And then there’s OpenAI CEO Sam Altman’s other company, Tools for Humanity, which is reportedly conducting layoffs, according to Business Insider. TechCrunch has reached out to the company for confirmation.
You might know Tools for Humanity better through its verification project known as World — and its related device, a creepy silver orb that wants to scan your eyeballs. The idea is that the company will be able to verify people’s identities using unique iris scans, helping to distinguish human activity from bot activity in the increasingly automated world that Tools for Humanity co-founder and chairman Altman is constructing. The company would also use these scans to validate people’s identities to support the trade...
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