Trump’s DOE proposes cutting billions in grants for GM, Ford, and lots of startups

Late last year, OpenAI reportedly tried to buy Medal and its vast trove of video game data for $500M. Today, the company spun out a frontier research lab that's using that data to build AI agents that understand how they move through space and time, a concept called spatial-temporal reasoning. Also, electric aviation startup Beta Technologies has priced shares for its initial public offering between $27 and $33, in hopes of raising as much as $825 million, according to a regulatory document filed with the U.S. Securities and Exchange Commission. If the company attracts investors at the top of that range it will debut with a valuation of about $7.2 billion. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Liberate’s AI agents automate tasks for P&C insurers, working across sales, service, and claims. Viven's seed funding was led by Khosla Ventures and Foundation Capital. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sonic Fire Tech has developed a device that can extinguish flames using acoustic energy below the range of human hearing. The startup is building a demo capable of protecting a home. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Co-founded by a former Uber Freight product manager, and backed by Uber's lead seed investor, FleetWorks is quickly scooping up customers in the trucking world. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Flint raised a $5 million seed round led by Accel, with participation from Sheryl Sandberg’s fund, Sandberg Bernthal Venture Partners, and prior investor Neo. Also, Coco Robotics is working toward automating its fleet of delivery robots using its millions of miles of collected data. Learn more about your ad choices. Visit podcastchoices.com/adchoices

An Indian drone startup called Airbound raised nearly $9 million in seed funding as it begins a drone-delivery pilot with a private hospital and works toward one-cent delivery using its ultra-light, blended-wing-body aircraft. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Kalshi, a prediction market that allows people to bet on future events, announced that it raised over three hundred million dollars at a 5 billion dollar valuation. The company’s value has increased two and a half times since its last fundraise just three months ago, when it was valued at two billion dollars. Thinking Machines Lab, the AI startup led by former OpenAI CTO Mira Murati, has lost one of its co-founders to Meta. The Wall Street Journal reports that AI researcher Andrew Tulloch announced his departure to employees in a message on Friday. A Thinking Machine Labs spokesperson confirmed Tulloch’s departure to the WSJ, saying he “has decided to pursue a different path for personal reasons.” Learn more about your ad choices. Visit podcastchoices.com/adchoices

Reflection, once focused on autonomous coding agents, has raised $2B at an $8B valuation to expand into both an opensource alternative to closed frontier labs like OpenAI and Anthropic, and a Western equivalent to Chinese AI firms like DeepSeek. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Novoloop has signed a deal with a contract manufacturer to produce its Lifecycled TPU material. Also, Knapsack creates a unified workspace that integrates design and coding tools to ensure design and engineering teams are on the same page. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Base Power's Series C will help the company expand beyond Texas, its beachhead market, and build batteries in the United States. Learn more about your ad choices. Visit podcastchoices.com/adchoices