Tools for Humanity, the Sam Altman–backed startup developing an iris-scanning “Orb” device, is laying off employees, according to reports. Business Insider says the company has struggled to demonstrate how its Orb technology can generate revenue and is now reducing staff. Times of India similarly reports layoffs tied to the company’s navigation of its next strategic phase amid revenue challenges. Both accounts frame the cuts as part of broader difficulties in turning user interest and sign-ups into a clearer revenue model, as well as ongoing hurdles related to regulatory approval for the Orb technology. Times of India adds context that Tools for Humanity is valued at roughly $2.5 billion and notes that OpenAI, also led by Altman, has filed for an initial public offering. Neither source provides detailed figures on the number of employees affected or the specific timing of the layoffs.