OpenAI's Sam Altman raises $115 million for Worldcoin crypto project


OpenAI CEO Sam Altman testifies before a Senate Judiciary Privacy Technology amp the Law Subcommittee hearing titled Oversight of A.I. Rules for Artificial Intelligence on Capitol Hill in Washington U.S. May 16 2023.  REUTERSElizabeth Frantz

OpenAI CEO Sam Altman testifies before a Senate Judiciary Privacy, Technology & the Law Subcommittee hearing titled 'Oversight of A.I.: Rules for Artificial Intelligence' on Capitol Hill in Washington, U.S., May 16, 2023. REUTERS/Elizabeth Frantz

(Reuters) - OpenAI Chief Executive Sam Altman has raised $115 million in a Series C funding round led by Blockchain Capital for a cryptocurrency project he co-founded.

The project, Worldcoin, aims to distribute a crypto token to people "just for being a unique individual". The project uses a device to scan irises to confirm their identity, after which they are given the tokens for free.

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