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

June 9, 2026

Tools for Humanity, Sam Altman’s identity verification company, is reportedly laying off staff as it struggles to generate revenue, according to a new report. The development comes as OpenAI files for an IPO, underscoring the financial pressures facing parts of Altman’s broader startup portfolio.

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

Source: techcrunch.com

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