PayPal applies to form bank that can offer small business loans and savings accounts

PayPal has applications pending with the state of Utah and the Federal Deposit Insurance Corporation to establish PayPal Bank.

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I hate that I love Riverside’s AI-driven “Rewind” for podcasters

Riverside’s year-end review is amusing, but it represents a creative culture that’s increasingly entwined with AI.

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Disney’s OpenAI deal is exclusive for just one year — then it’s open season

After the one year is up, Disney is free to sign similar deals with other AI companies.

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Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin

Tesla CEO Elon Musk said in a social media post that his company is testing driverless cars in Austin without a safety driver in the vehicle.

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Ford is starting a battery storage business to power data centers and the grid 

Ford will invest about $2 billion into the new business over the next two years.

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Ford’s next F-150 Lightning will have a gas generator as it pivots away from large EVs 

The company is abandoning plans for a brand new all-electric pickup truck codenamed “T3” and ending production of the battery-only Lightning.

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Former iRobot CEO calls Roomba maker’s bankruptcy ‘a tragedy for consumers’

The company’s bankruptcy comes after Amazon abandoned its planned acquisition of iRobot in 2024 due to mounting regulatory scrutiny.

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AI infrastructure selloff continues on Wall Street as Broadcom, Oracle shares slide

In at least one corner of the AI market, sentiment has turned decidedly negative.

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Creative Commons announces tentative support for AI ‘pay-to-crawl’ systems

The organization offered support for this idea of an AI marketplace, and suggested several guiding principles.

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Lightspeed raises record $9B in fresh capital

The massive fund haul will allow the Silicon Valley firm to continue to invest in cash hungry AI startups.

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