Producer Nigel Godrich (Radiohead, Beck, and so many more) has teamed with LA drummer Joey Waronker and London artist Laura Bettison to form the new band Ultraista. No word yet on an album, but you can check out their track "Smalltalk" below.
It's got a groovy My Bloody Valentine-goes-electro vibe to it. Nice stuff. Now check out the video.