Sam Altman's World raises $135M from Andreessen, Bain, to expand network
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The digital identification project faces regulatory headwinds in the form of bans and legal scrutiny in several countries.
World, OpenAI CEO Sam Altman’s digital identification project, raised $135 million from venture capital firms Andreessen Horowitz and Bain Capital Crypto, the company said in an announcement.
The capital will be used to expand World's network of iris-scanning orbs and infrastructure in the United States, where the company said in April it would operate in six cities, and increase coverage around the globe, according to the announcement.
More than 12.5 million individuals in over 160 jurisdictions have been issued a World ID, the company said.
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