The latest price fluctuations of Worldcoin (WLD) echo the news regarding co-founder and president of Tools for Humanity, the developer behind the crypto, Sam Altman.
And indeed, Altman has been ousted as CEO of OpenAI, but Microsoft seems interested in hiring him to lead its new Artificial Intelligence (AI) team
Summary
Worldcoin (WLD): the price of the crypto and AI’s news about Altman
Over the past week, the price of Worldcoin (WLD) has been experiencing a real roller coaster.Â
Indeed, at the time of writing WLD is back at $2.30, after a few hours ago it was at $2.60, while on 18 November it stood at a weekly low of $1.85.
These price fluctuations appear to be related to the latest news regarding Sam Altman, co-founder and president of Tools for Humanity, the developer behind Worldcoin.
In essence, it appears that although he has been ousted as CEO of OpenAI, Altman has apparently become a candidate for Microsoft, which would like him as its leader of the Artificial Intelligence (AI) team.
Hence, this is a rejection of the Worldcoin co-founder, coming directly from the company behind ChatGPT, and a prompt job offer from one of OpenAI’s biggest investors, Microsoft.
Worldcoin (WLD): the price of the crypto is volatile due to changes in the AI sector
Worldcoin (WLD) is currently the 145th largest crypto by market capitalization. In fact, launched in July 2023, WLD now has $264 million in total market cap.
The latest fluctuations in its price, however, seem to really center around Sam Altman’s fate. On that subject, here is what Microsoft Operation CEO and Chairman Satya Nadella had to say:
In practice, as an investor in OpenAI, Microsoft’s Nadella has publicly stated that he supports OpenAI’s new interim CEO, Emmett Shear, former CEO of Twitch.
At the same time, however, again Nadella has reportedly already stated that Altman will be at the helm of the software giant’s advanced AI team.
Payment in WLD to independent operators running Orbs and associated devices
Recently, Worldcoin had announced that it would start paying operators in WLD, instead of in the USDC stablecoin.Â
In this way, as early as that time, WLD achieved effects on its circulation supply and price.
In practice, Worldcoin’s operators are the independent participants who operate Orbs, and the customized imaging devices, developed by Tools for Humanity.
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