Meta and OpenAI will be among the first customers of Arm’s long-awaited new AI processor, the haven asset gold hasn’t been looking like its usual self, and Volkswagen is in talks to switch production at one its factories from cars to missile defence for Israel. Plus, Lebanon is worried Israel will push further into its southern region and occupy it.

Mentioned in this podcast:

Arm launches own AI chip in high-stakes strategy shift

Unhedged: Is gold an unsafe haven asset?

Listen to the Unhedged podcast here

VW to shift from cars to missile defence in deal with Israel’s Iron Dome maker

The sum of all fears for Lebanon

Note: The FT does not use generative AI to voice its podcasts

Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Sonja Hutson. Our show was mixed by Kelly Garry. Additional help from David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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Gold hasn’t been acting like itself lately

FT News Briefing

Gold hasn’t been acting like itself lately