Tuesday, 9 June, 2026
The $2.5 Billion Blindspot: Sam Altman’s Orb Startup Cuts Jobs
By TechShots Studio
Sam Altman’s eyeball-scanning startup, Tools for Humanity, is laying off employees. Despite a recent $240 million funding round and a massive $2.5 billion valuation, the company behind the biometric "Orb" identity-verification hardware is facing internal restructuring. The job cuts come as the company struggles to turn its global iris-scanning database into a viable revenue stream while simultaneously navigating strict regulatory hurdles worldwide.
Read full story at TIMES OF INDIA