Ford plans to launch an AI voice assistant on its apps this year before expanding to its vehicles in 2027, and aims to debut Level 3 autonomous driving in 2028 (Andrew J. Hawkins/The Verge)
Arm creates a "Physical AI" unit to focus on robotics and automotive sectors, as part of a reorganization that includes "Cloud and AI" and "Edge" business units (Reuters) https://www.reuters.com/business/autos-transportation/arm-launches-physical-ai-division-expand-robotics-market-2026-01-07/
Samsung expects Q4 operating profit up 208% YoY to ~$13.8B, vs. ~$12.3B est., and revenue up 23% to ~$64.2B, as demand for AI servers lifted memory chip prices (Yoolim Lee/Bloomberg)
Trump family's World Liberty Financial says its entity World Liberty Trust has applied for a US banking license, which would let it issue the USD1 stablecoin (Vicky Ge Huang/Wall Street Journal) https://www.wsj.com/finance/currencies/world-liberty-flagship-in-trumps-crypto-fleet-seeks-a-u-s-banking-license-72cca502
Apple announces JPMorgan Chase as the new issuer of the Apple Card, taking over from Goldman Sachs, with an expected transition in about 24 months (Wall Street Journal) https://www.wsj.com/finance/banking/jpmorgan-chase-reaches-a-deal-to-take-over-the-apple-credit-card-4e214fb2?st=amhnjV&reflink=desktopwebshare_permalink
Sources: Larry Page bought two Miami estates in December and January for a combined $173.4M; Sergey Brin is also said to be in discussions to buy a Miami home (Wall Street Journal) https://www.wsj.com/real-estate/luxury-homes/google-co-founder-larry-page-spends-173-4-million-on-two-miami-homes-3553e880
WhatsApp rolls out new group chat features: member tags that show user roles, text stickers generated from any word, and custom event reminders (Aisha Malik/TechCrunch)
Alphabet surpassed Apple in market cap for the first time since 2019 after its shares closed up 2.5% on Wednesday, valuing it at $3.89T vs. Apple's $3.85T (Barron's Online) https://www.barrons.com/articles/alphabet-stock-apple-market-cap-625151cc?st=Gfqj5p&reflink=desktopwebshare_permalink
Lux Capital raised $1.5B for its ninth fund, the largest in its history, to back companies focusing on fields like breakthrough science and national security (Lizette Chapman/Bloomberg) https://www.bloomberg.com/news/articles/2026-01-07/lux-capital-raises-1-5-billion-for-fund-focused-on-new-science-defense
Sources: JPMorgan Chase has reached a deal to take over the Apple credit card program from Goldman Sachs; JPMorgan plans to launch a new Apple savings account (Wall Street Journal) https://www.wsj.com/finance/banking/jpmorgan-chase-reaches-a-deal-to-take-over-the-apple-credit-card-4e214fb2?st=amhnjV&reflink=desktopwebshare_permalink