Pendulum Raises $22M to Optimize Supply Chains with AI-Powered Predictions
Pendulum's AI-driven platform helps companies navigate the on-demand economy by predicting and optimizing supply and demand, reducing waste and increasing margins.

Starfolk
OpenAI has responded to Elon Musk's lawsuit with a counter-narrative, releasing a series of emails that the company claims show Musk's accusations are misleading and driven by personal interests. The legal battle, which has been ongoing for months, centers around Musk's allegation that OpenAI abandoned its original nonprofit mission to make AI research available to all.
In an amended complaint filed last month, Musk's legal team named several new defendants, including OpenAI collaborator and investor Microsoft, and a new plaintiff: Musk's AI company, xAI. The lawsuit seeks an injunction to halt OpenAI's transition to a for-profit entity, citing "irreparable harm" if the injunction isn't granted. However, OpenAI argues that Musk's motivations are rooted in sour grapes, stemming from a 2017 proposal to create a for-profit OpenAI, which he walked away from when he didn't receive majority equity.
The released emails, dating back to 2015, show Musk floating the idea of an OpenAI with both nonprofit and for-profit components. OpenAI's response to the lawsuit is clear: "You can't sue your way to [artificial general intelligence]." The company expressed respect for Musk's accomplishments and gratitude for his early contributions to OpenAI, but emphasized that he should be competing in the marketplace rather than the courtroom.
Musk formed xAI, his answer to OpenAI, last year, and the company has since released Grok, an AI model that powers features on Musk's social network, X (formerly Twitter). xAI also offers an API for customers to build Grok into third-party apps, platforms, and services. Despite Musk's allegations that OpenAI is depriving xAI of capital by extracting promises from investors not to fund it, xAI has reportedly closed a $5 billion funding round this month, making it one of the best-funded AI companies in the world.
The lawsuit also alleges that Microsoft and OpenAI continue to illegally share proprietary information and resources, and that several defendants, including OpenAI's CEO Sam Altman, are engaging in self-dealing that harms marketplace competition. For example, the filing notes that OpenAI selected Stripe, a payment platform in which Altman has "material financial interests," as OpenAI's payment processor. Google has reportedly called for Microsoft's relationships with OpenAI to be investigated.
The ongoing legal battle between OpenAI and Musk's xAI has significant implications for the AI industry, with the outcome potentially shaping the future of AI research and development. As the lawsuit continues to unfold, it remains to be seen how the courts will rule on the matter, and what consequences this will have for the AI ecosystem.
In the meantime, the public release of the emails has added a new layer of complexity to the dispute, with OpenAI's counter-narrative challenging Musk's claims and motivations. The drama surrounding the lawsuit serves as a reminder that the pursuit of artificial general intelligence is not only a technological challenge but also a highly competitive and contentious arena.
Pendulum's AI-driven platform helps companies navigate the on-demand economy by predicting and optimizing supply and demand, reducing waste and increasing margins.
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