Here's your midday brief for Monday, October 13th.

I'm Zoe Colkin for the Wall Street Journal.

President Trump declared an end to the Gaza War after more than two years in an address to Israeli parliament.

He further vowed to extend peacemaking across the broader Middle East, a region still facing deep division and numerous unresolved conflicts.

Trump later flew to Egypt for a summit with Middle Eastern and European leaders to advance his proposal for ending the war and reconstructing the Gaza Strip.

Trump said that the second phase of the peace deal, which calls for Hamas to disarm and the formation

of an interim government in Gaza has begun. OpenAI and Broadcom are forging a multi-billion

dollar partnership to co-develop and deploy 10 gigawatts of custom artificial intelligence

chips and computing systems over four years. Though the companies didn't disclose financial terms,

people familiar with the matter said this agreement

will be worth billions of dollars,

with Broadcom commencing the deployment of the co-developed chips

in the second half of next year.

This massive deal brings OpenAI's total agreed-upon computing capacity

to 26 gigawatts,

requiring the startup to spend hundreds of billions

of dollars to pay for these deals. And Joel Mokier, Philippe Aguion, and Peter Howitt

have been awarded the Nobel Prize for Economic Sciences for their work explaining how innovation

and creative destruction drive economic growth. The Nobel organization

said the three economists have deepened the understanding of factors contributing to the past

two centuries of high and relatively stable economic growth. Heads up, an artificial intelligence

tool helped us make this episode by creating summaries that were based on WSJ reporting and then reviewed and adapted

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