When the One Big Beautiful Bill killed EV and battery incentives, US battery startups lost their demand floor. The Department of Energy just threw them a $500 million line: grants across Coreshell, Lilac Solutions, and Nth Cycle to rebuild domestic supply. The pitch is national security, not climate. Soldiers, drones, and fighter jets need U.S.-sourced batteries, and Washington now treats that as inescapable.
A new Midas Project investigation walks 18 of Andreessen Horowitz's most notorious startups and finds a pattern: bot farms faking human social presence, AI companions linked to abuse, a deepfake platform hosting sexualized content of children, and gambling-fintech built to exploit legal loopholes. Meanwhile the firm is spending tens of millions to shape AI policy, including a $100 million super PAC and alumni in government roles. It wants to write the rulebook it's already breaking.
The DOJ is quietly probing Andreessen Horowitz for holding board seats at competing AI companies, a conflict most VCs assume is routine and rarely enforced. On TechCrunch's Equity podcast, insiders puzzle over why this, of everything, draws a year-long federal investigation. Ben Horowitz sits on Databricks' board; partner Martin Casado on Fivetran's. The real fear: smaller firms get made examples after.