Distribution is the new moat. We unpack Perplexity’s audacious $34.5B bid for Chrome amid DOJ remedies, Musk’s App Store clash with Apple, and what it means for AI gateways. Plus: Pony AI’s robotaxis, NVIDIA’s "Physical AI," and big model moves from OpenAI and Anthropic (1M-token context, new modes, connectors). We scan shifting rules—Google’s monopoly ruling, Reddit vs Wayback, U.S.–China chip limits—and the infrastructure race from SoftBank’s “Stargate” to grid constraints. Also: Merge vs Neuralink in BCI, standout research from Meta and KAIST, and the tilt from hype to useful, tool-using AI.
