This month's headlines open with manufacturing in the US falling short of expectations. Jon and Alex unpack a Bloomberg investigation into a $1 billion federal push to build medical gloves domestically that has, five years on, produced zero gloves. Reshoring continues to be easier said than done. From there they turn to Fairlife, the Coca-Cola-owned dairy brand that grew sales from $10 million to $4 billion in a decade and just had its US production halted by a ransomware attack, the latest in a run of hacks targeting food and auto manufacturers.

Jon and Alex dig into two recent columns on China's fast-closing AI gap, then cover Bloomberg's reporting on OpenAI's first hardware product, a screen-free AI companion built to move around the house, and the $230 Codex Micro keypad it shipped first. From there, they look at why transformers, large ...