Worldcoin Price Jumps as Sam Altman Rejoins OpenAI as CEO

OpenAI, the firm behind ChatGPT, has rehired Sam Altman as CEO. This has increased interest in Worldcoin, which he co-founded. On November 22, OpenAI reported that they had reached an agreement with Altman to return.

Altman's return involves board changes, including Bret Taylor as Chairman and other important members such as Larry Summers and Adam D'Angelo. Altman spoke about his eagerness to rejoin OpenAI and collaborate with Microsoft.

This declaration brings an end to an era of uncertainty in the AI industry. Altman was fired as CEO on November 17, causing a commotion in the tech sector. According to reports, his ambitious approach to AI development clashed with the board's conservative approach.

Following the news, Worldcoin surged from $2.199 to $2.85 signaling a rise in investors' interest in the cryptocurrency, although the price has recently dropped slightly to the $2.4 level, Hopes are high for the future of Worldcoin.

Below is a chart showing Worldcoin's Price movement in the past 24 hours