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OpenAI's Sam Altman Backs Worldcoin Amid $50M Funding Bid

Over 2.6 million people have registered with the AI-driven identity and financial network, which is now under investigation by U.K. and German regulators.

  • OpenAI CEO Sam Altman reaffirms his support for Worldcoin, a cryptocurrency project aiming to create a global identity and financial network, amid reports of the company seeking $50 million in funding.
  • Worldcoin is reportedly raising funds by selling its crypto tokens at a discounted rate.
  • Over 2.6 million people have registered their irises for scanning by Worldcoin's 'orb' devices in exchange for a digital ID and free cryptocurrency.
  • Worldcoin has previously raised $115 million in a Series C funding round from investors including Blockchain Capital, a16z crypto, and Bain Capital Crypto.
  • Regulators in the U.K. and Germany have announced their intentions to investigate Worldcoin.
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