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Sam Altman and Elon Musk are racing to build an ‘everything app’

Published on: 2025-07-27 09:50:13

is a deputy editor and author of thenewsletter. He has been reporting on the tech industry for more than a decade. Sam Altman and Elon Musk aren’t just competing in the AI race; they both have ambitions to build Silicon Valley’s holy grail: an “everything” super app encompassing finance, social media, gaming, and more. Earlier this week, I got a peek at Altman’s plan from a cavernous event space on the northern edge of San Francisco. He was not there as the CEO of OpenAI, but as the co-founder and chairman of Tools for Humanity, the parent company of a cryptocurrency called Worldcoin that’s now available in the US. Worldcoin is distributed to people who scan their eyes at one of the startup’s orbs, which are rolling out in retail stores across America. At the same time, the token is being used to build a super app to rival X. Tools for Humanity’s World app is a crypto wallet, social network, and mini-app platform all in one. Its monthly user base has doubled in the last six months t ... Read full article.