OpenAI's CEO Acknowledges the Company's Name May Not Be Ideal

Sam Altman, the CEO of OpenAI, has admitted that the company’s name may not be the most fitting choice for the future. In an interview, Altman acknowledged that the term “open” in OpenAI’s name could be misleading, as the company’s long-term goal is to create artificial general intelligence (AGI) that is safe and beneficial to humanity. While OpenAI initially aimed to conduct open-source research, the company has since shifted its focus to developing advanced AI systems that require significant computational resources and funding. Altman emphasized that OpenAI’s priority is to ensure that AGI is developed responsibly and with appropriate safeguards in place. He also mentioned that the company may consider rebranding or changing its name in the future to better align with its evolving mission and objectives.

Source: https://www.businessinsider.com/sam-altman-openai-not-best-name-for-company-2024-3