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OpenAI CEO Backs Worldcoin’s Vision Amid $50M Funding Drive for Global Identity Project

OpenAI CEO Backs Worldcoin’s Vision Amid $50M Funding Drive for Global Identity Project

OpenAI CEO Sam Altman reaffirmed his support for the cryptocurrency venture Worldcoin, following revelations that the company was pursuing a $50 million funding round.

Worldcoin is ambitiously aiming to establish a global identity and financial framework. Over 2.6 million individuals have registered to undergo iris scans via Worldcoin’s “orb” devices, receiving a digital ID and complimentary cryptocurrency in return.

Altman participated in a virtual Q&A session hosted by fintech-centric investment bank FT Partners. This appearance came shortly after reports from crypto news outlet The Block surfaced, detailing Tools For Humanity’s quest to secure $50 million in investments for Worldcoin.

The company is in the process of fundraising by offering the project’s crypto tokens at a discounted rate, as reported by The Block. Altman emphasized the increasing significance of identifying genuine individuals in a landscape increasingly influenced by AI, stating, “In a world with a lot of AI, knowing who is human matters more and more.”

He maintained the belief that as artificial intelligence integrates further into our daily lives, the ability to authenticate unique humans would only grow in importance.

At the time of The Block’s report, a representative for Worldcoin had not provided an immediate comment.

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