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The fundamental description of both structural properties and reactions of light nuclei in terms of constituent protons and neutrons interacting through nucleon-nucleon and three-nucleon forces is a long-sought goal of nuclear theory. In recent years, this goal is starting to be realized thanks to the combination of efficient methods with the availability of high-performance computing. I will briefly review the state of the art of ab initio methods for nuclear physics, highlighting recent successes and future perspectives.