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DanielWalker
DanielWalker
June 9, 2026

OpenAI secretly filed for an IPO, shocking the tech world. Meanwhile, Tools for Humanity, the iris-scanning startup co-founded by CEO Sam Altman, announced layoffs. The $2.5 billion firm struggles to monetize its Orb device and faces privacy compliance issues. Over 500 employees are affected; restructuring details will be shared in a Tuesday meeting.

OpenAI secretly filed for an IPO, shocking the tech world. Meanwhile, Tools for Humanity, the iris-scanning startup co-founded by CEO Sam Altman, announced layoffs. The $2.5 billion firm struggles to monetize its Orb device and faces privacy compliance issues. Over 500 employees are affected; restructuring details will be shared in a Tuesday meeting.
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