Julie Chang

Sources say he's also been separately seeking up to $6 billion in funding for Project Prometheus, a new startup he co-leads that's building AI models to understand and simulate the physical world.

That's your TMB Tech Minute.

Join us again this afternoon for more.

Here's your afternoon TNB Tech Minute for Thursday, March 12th.

I'm Julie Chang for The Wall Street Journal.

The Trump administration is suing California to block its efforts to limit carbon emissions from cars and transition to zero-emission vehicles.

In a lawsuit filed today, the Justice Department said the state's rules create an illegal electric vehicle mandate and a patchwork of inconsistent regulation, violating the uniform national approach intended by Congress.

The DOJ alleges the rules violate the Energy Policy Conservation Act, which makes the National Highway Traffic Safety Administration the sole regulator of U.S.

fuel economy.

A representative for Governor Gavin Newsom called the lawsuit meritless.

Lucid Group announced a new midsize vehicle platform today, which will feature three models, including two SUVs called Cosmos and Earth.

plus an unnamed consumer model.

The platform will also include a new electric drive unit called Atlas designed with identical front and rear housings and mounts to better scale manufacturing and reduce costs.

The EV company also introduced Lunar, a two-seat robotaxi concept based on its midsize platform.

Lucid aims to make the midsize segment more affordable, starting vehicles below $50,000.

It said cars will have smaller battery packs to keep costs down.

Lucid's midsize platform is part of its goal to become profitable.

And Atlassian is cutting about 10% of its workforce, or about 1,600 people.

In a blog post yesterday, its CEO said Atlassian's approach is not to replace people with AI, but to reshape its workforce's mix of skills to succeed as an AI-first company.

He said the company will focus on retaining strong performers, graduates, and workers with transferable skills.