OpenAI CEO Sam Altman said artificial general intelligence, or "AGI," is losing its relevance as a term as rapid advances in the space make it harder to define the concept.

AGI refers to the concept of a form of artificial intelligence that can perform any intellectual task that a human can. For years, OpenAI has been working to research and develop AGI that is safe and benefits all humanity.

"I think it's not a super useful term," Altman told CNBC's "Squawk Box" last week, when asked whether the company's latest GPT-5 model moves the world any closer to achieving AGI. The AI entrepreneur has previously said he thinks AGI could be developed in the "reasonably close-ish future."

The problem with AGI, Altman said, is that there are multiple definitions being used by different companie

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