AI Foresights — A New Dawn Is Here
Back to homemake money

As OpenAI files for IPO, Sam Altman’s eye-scanning company is doing layoffs, report says

TechCrunch AI Amanda Silberling June 8, 2026
As OpenAI files for IPO, Sam Altman’s eye-scanning company is doing layoffs, report says
AI Summary— plain English for professionals

# Sam Altman's Identity Verification Startup Is Laying Off Staff Sam Altman, the CEO of OpenAI, also runs a separate company called Tools for Humanity that verifies people's identities using eye-scanning technology. The company is reportedly struggling to make money and is cutting its workforce as a result. This comes as OpenAI itself prepares to go public with an IPO, which typically requires companies to show they're financially healthy.

Tools for Humanity, Sam Altman's identity verification company, is reportedly struggling to generate revenue and will downsize its staff.

Read full article on TechCrunch AI

Get new guides every week

Real AI income strategies, tool reviews, and plain-English news — free in your inbox.

or enter email