While OpenAI Heads Toward an IPO, Sam Altman’s $2.5 Billion Eyeball-Scanning Startup Is Laying Off Staff

The tech company recently announced a reduction in headcount.

BY MOSES JEANFRANCOIS, NEWS WRITER @MOSESJEANS

OpenAI CEO Sam Altman. Photo: Getty Images

As Sam Altman’s OpenAI moves closer to an IPO, another one of his ventures is scaling back. On Monday, Tools for Humanity, the eyeball-scanning company Altman co-founded in 2019, announced layoffs. New “priorities” were cited as the primary reason for the workforce reduction.

Headquartered in Germany, Tools for Humanity currently employs more than 500 people, according to its website. Per........

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