Layoffs announced at Sam Altman's $2.5 billion startup amid revenue struggles
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Sam Altman's eyeball-scanning startup, Tools for Humanity, is reportedly cutting jobs as it navigates its next strategic phase. Despite a significant valuation and user sign-ups, the company faces challenges in demonstrating revenue generation and regulatory approval for its "Orb" technology. This news emerges as OpenAI, also led by Altman, files for its IPO.
