Cute, but no. I know it's a Greek word, however given that we have companies that named themselves after LoTR references surveilling the populace en masse, and chatbots named after arcane words like "grok" which were only ever used in RPGs in modern times, I made the assumption that it was a reference. Your average self styled technocrat is desperate for nerd credentials as both Musk and Thiel have clearly shown, so I figured a reference was a safe bet.