Global Edition
Global Edition
UK Edition
EU Edition
US Edition

Verilumia

The Daily Verified Briefing

Markets

Tools for Humanity lays off staff amid revenue challenges

Published 11 June 2026

Tools for Humanity, the biometric startup co-founded by OpenAI CEO Sam Altman, has begun laying off employees as it struggles to generate revenue and navigate regulatory hurdles for its iris-scanning technology.

© 2026 Verilumia Ltd. All rights reserved.

Verified, fact-checked news you can trust.

0:00 / 0:00