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U.S. battery startups hit a rough patch when the One Big Beautiful Bill eliminated battery and EV incentives, undercutting a chunk of future demand. But recently, they’ve found a lifeline in the defense world, helping to power everything from drones and torpedoes to infantry radios and fighter jets.

It should not come as a surprise that some tech executive is trumpeting the singularity despite all evidence to the contrary. It should perhaps be a bit surprising that the claim is coming from payment processor Stripe. According to Axios, the company—which recently purchased AI marketplace OpenRouter—told shareholders that not only are we living in…