SES AI, a Massachusetts-based battery company, is pivoting from developing advanced lithium batteries to AI materials discovery, according to CEO Hu. Axiom Math, a California startup, has released a free AI tool designed to discover mathematical patterns that could solve long-standing problems. Unlike most AI tools that find solutions to existing problems, Axiom Math aims to spot previously unidentified patterns and hidden links that could generate entirely new mathematical ideas. Meanwhile, escalating conflict in Iran has caused fossil-fuel price volatility, which some electric vehicle owners view as an opportunity for EV adoption. However, sustained rises in fossil-fuel prices could have broader economic concerns beyond the automotive sector.

SES AI Corporation has reported full-year 2025 revenue of $21.0 million, a tenfold increase from $2.0 million in 2024, and provided 2026 revenue guidance of $30 million to $35 million. Fourth-quarter revenue reached $4.6 million, up 124% year-over-year. The battery technology company posted a GAAP net loss of $73.0 million for 2025, or $0.22 per share, improved from a $100.2 million loss in 2024. Non-GAAP net loss was $53.2 million, or $0.16 per share. SES AI ended 2025 with $200 million in liquidity, expected to last into 2028. The company is focusing on three revenue-generating business units: energy storage systems, drones and materials. Its Molecular Universe AI platform has discovered six materials breakthroughs currently being tested by over 40 customers.

SES AI Corporation has announced plans to partner with Top Material to expand battery cell manufacturing capacity in Korea for drones and urban air transportation applications. The partnership, based on a non-binding agreement with a definitive deal expected in Q1 2026, aims to promote compliance with the US National Defense Authorization Act. SES AI reported $7.1 million in revenue for the latest quarter, up $3.6 million from the previous quarter, with a 51% gross margin. The company posted a GAAP net loss of $20.9 million and ended the quarter with $214 million in liquidity. Full-year 2025 revenue guidance was revised to $20 million to $25 million. The company recently launched its MU-1 Molecular Universe platform and acquired UZ Energy to enter the energy storage systems market.