2 years ago
OpenAI’s CEO, Sam Altman, is adjacent to securing a further $100 cardinal successful financing for his crypto task Worldcoin, according to a study by the Financial Times.
Worldcoin already received $100 cardinal successful 2022 via a private token sale, led by the likes of Andreessen Horowitz astatine a $3 cardinal valuation.
The open-source protocol aimed astatine utilizing IRIS scanning to unafraid a caller integer currency is powered by the Worldcoin wallet app, World App, which launched May 14.
According to the FT report, the backing volition beryllium “sourced from some existing and caller investors.” However, the valuation for the circular is not instantly apparent. Yet, it was noted that the caller backing is not a portion of the archetypal backstage token sale.
The crypto stake to enactment AI occupation displacement
Altman’s Worldcoin, led by The Worldcoin Foundation (WF), announced connected May 11 that Worldcoin volition motorboat connected Optimism, and Worldcoin executives told the FT that the project’s absorption would beryllium two-fold:
“Distinguishing betwixt humans and bots, and providing a signifier of cosmopolitan basal income which mightiness offset occupation losses caused by AI.”
There person been calls for a mentation of cosmopolitan basal income from some successful the AI abstraction successful airy of generative AI models showing an evident quality to make occupation displacement successful galore sectors. Workers successful the “knowledge sector” are straight threatened by existent workflows that bash not incorporate generative AI innovations.
OpenAI exploded to implicit 100 cardinal users successful record time, and it appears that Altman is expediting the solution to the occupation helium has helped make done Worldcoin. A caller TechCrunch nonfiction connected the taxable commented that “flash guardant a fewer years, and it volition beryllium intolerable to cognize if idiosyncratic is communicating with different mortal oregon a neural network.”
Altman believes that the solution to the existential menace of AI is done crypto and blockchain. Through integrating biometric IRIS scanning and distributed ledger technology, Worldcoin is tackling what is definite to beryllium 1 of the biggest problems humanity has faced; however to let AI to bring astir a better, fairer, much equitable satellite — without the quality outgo of wide occupation displacement.
The determination to motorboat connected Optimism was explained successful a WF article announcing its tendency to assistance the propulsion toward the “Superchain vision” for Optimism.
“The Worldcoin Foundation and the aboriginal protocol contributors astatine Tools for Humanity (TFH) are announcing a committedness to enactment the Optimism Collective successful bringing the Superchain imaginativeness to life.”
Worldcoin claims to person implicit 1.7 cardinal users, 60,000 regular wallet transactions, and 25,000 regular World ID checks since the motorboat of the World App.
Interestingly, arsenic the Worldcoin Foundation calls to marque Optimism a “Superchain,” others person already theorized the imaginable for ChatGPT to go a “Super App” with the summation of plugins.
Along with Elon Musk’s task X and Tencent’s WeChat, the contention for the AI-powered Super App is on. However, the OpenAI ecosystem volition present beryllium successful the contention for the “Superchain,” backing crypto to springiness it the competitory borderline successful the “super” market.
The station OpenAI co-founder Sam Altman’s $200M stake that crypto volition lick AI threat appeared archetypal connected CryptoSlate.
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