Axios

Nvidia made billions selling AI's essential ingredient: chips.

• Now it's plowing those riches straight back into the AI ecosystem, betting on a buildout that craves ever more compute.

Why it matters: Nvidia has become the AI industry's supplier, banker and kingmaker, feeding a self-reinforcing cycle in which chip profits finance the next wave of chip demand.

Europe's landmark AI law has moved from an idea to enforcement.

Why it matters: Brussels will soon learn whether it can turn its sweeping AI rulebook into regulation that companies can actually follow — and if it can become a global benchmark for AI standards.

The Iran war hits its six-month mark Friday, with President Trump's path to ending it increasingly unclear.

Why it matters: Trump entered the war projecting a four- to five-week military campaign. Six months later, his proposed exits have ranged from military victory to a negotiated peace deal tied to reopening the Strait of Hormuz.