Invest Like the Best with Patrick O'Shaughnessy · Tuesday, July 28, 2026
Sam Altman, CEO of OpenAI, admits that the company spread itself too thin in the past year, leading to a difficult period. However, he believes that by refocusing on creating the most cost-effective and abundant intelligence, OpenAI has made remarkable progress and is poised for its best 12 months ahead.
“On the first part, I think we were just doing too many things. We're not focused enough and they were actually all good things to do, but the trick is we're in this unbelievable moment in history where you can only do the very few great things.”
“So we spread ourselves too thin and they made a bunch of difficult decisions to really refocus on having the best, most abundant, most cost-effective intelligence and empowering the world to build incredible things with that.”
“Since doing that, I think our progress has been remarkable and just given what we see in the pipeline, will be much more remarkable over the next 12 months.”