World Network raises $52.5 million to combat AI deepfakes with Sam Altman backing

World Network, formerly Worldcoin, is shifting from building the network to scaling its utility following the new investment. The Sam Altman-backed identity project uses custom hardware called an Orb to issue privacy-preserving credentials distinguishing humans from bots. More than 39 million people have joined the network, with over 18 million verified by an Orb, and over 475 million World ID proofs have been used since launch. In April, World unveiled its most significant World ID upgrade yet, describing it as "full-stack proof of human" infrastructure for consumers, enterprises and AI agents. Tom Lee praised the technology as a key building block for verifying digital interactions.

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