OpenAI CEO in ‘advanced talks’ for $100M Worldcoin funding

OpenAI CEO in ‘advanced talks’ for $100M Worldcoin funding



Sam Altman, the CEO of OpenAI, is apparently in "advanced talks" to raise $100 million for the Worldcoin project, which aims to develop a globally distributed cryptocurrency that is cooperatively owned.



According to May 15 Financial Times reporting that quoted persons familiar with Worldcoin's funding discussions, the $100 million will come from a combination of "existing and new investors."



When the firm was first made open to all, it had a Series A fundraising round headed by a16z, with participation from investors such as Digital Currency Group, Coinbase Ventures, former FTX CEO Sam Bankman-Fried, and Reid Hoffman, co-founder of LinkedIn.



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#AI, #Cryptomarket, #Cryptonewstoday, #OpenAI

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