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Israeli hostages exchanged for Palestinian prisoners. Hamas freed all 20 living Israeli hostages and Israel released nearly 2,000 Palestinian detainees yesterday as a ceasefire to end the devastating two-year war in Gaza was signed by President Trump and the leaders of Egypt, Turkey, and Qatar, who helped broker the agreement. Earlier in the day, Trump became the first US president since George W. Bush in 2008 to directly address the Israeli Parliament, where he declared the “historic dawn of a new Middle East” and urged Israel’s president to pardon Israeli Prime Minister Benjamin Netanyahu’s corruption charges. Questions remain about Gaza’s postwar governance and who will pay to rebuild the enclave, among other issues that the first phase of the ceasefire did not cover.
OpenAI and Broadcom ink custom chip deal. You are not having déjà vu—this is a different OpenAI deal than the three others you may have read about in recent weeks. The ChatGPT maker agreed with semiconductor giant Broadcom to jointly develop 10 gigawatts of custom AI chips starting next year. The arrangement follows similar ones OpenAI has made with Oracle, Nvidia, and AMD to increase the computing capacity needed for its AI expansion. Broadcom, whose stock popped by nearly 10% following news of the deal, has been one of the biggest winners of the AI boom, thanks to its custom chips called XPUs.
Apple minused its plus. Apple’s streaming service will henceforth be known as Apple TV after the company dropped the “+” in Apple TV+, it announced yesterday. That means the service will have the same name as Apple’s smart TV device and associated app. The tech giant did not explain the decision beyond wanting to give the streaming service, which is home to The Studio and Severance, a “vibrant new identity.” It’s the latest streaming rebrand after Warner Bros. Discovery reverted Max to its original name of HBO Max in July.—AE
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