Tools for Humanity's Iris-Scanning Venture Faces Global Scrutiny
Update: 2025-11-11
Description
Tools for Humanity, founded by Sam Altman, aims to solve the AI-era problem of human authentication with an eyeball-scanning device called the Orb. Users gain access to a digital ecosystem and Worldcoin tokens. Despite $240M investment and a $2.5B valuation, the startup faces challenges: limited user adoption, regulatory hurdles, and ethical concerns over biometric data collection. With only 17.5M verified users, Tools for Humanity struggles to reach its one billion user goal amidst global scrutiny and regulatory actions.
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