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AI & Enterprise
Iris-based World ID can overcome limits of captchas and KYC for proof of personhood in AI era
Tools For Humanity, which develops the iris-based ID project World, said proof of personhood is becoming more important in the AI era and that World ID can overcome the limits of captchas and KYC checks. Chief Business Officer Trevor Traina said bots generate more than half of web activity and can now replicate IDs, weakening existing verification. He said the World app has nearly 40 million downloads and 18 million users verified via Orb.
Industry
Intern survival formula in the AI era is still the basics
As summer internships near their end, many interns wonder whether they will receive a full-time offer. Even as AI rapidly changes hiring and job requirements and competition intensifies, former interns from Google, Tinder and AWS point to advice that remains close to the fundamentals. Business Insider on Aug. 13 identified four shared experiences among former interns who received full-time offers over the past two years: showing a willingness to learn, building relationships, demonstrating initiative and keeping records of work and achievements.
Crypto
Sam Altman\'s biometric authentication startup World raises $52.5 million from cryptocurrency sale
World, an online authentication startup co-founded by Sam Altman, raised $52.5 million by selling WLD tokens to strategic investors, with a 12-month lockup, TechCrunch reported. Investors cannot sell or trade WLD for a year. World said the condition reflects long-term investment in its growth and expanding utility. Proceeds will go to the Cayman Islands-based World Foundation. Pantera Capital led the purchase, with other firms participating.
