Measurements of light-by-light scattering (LbL, Ξ³Ξ³ β Ξ³Ξ³) and the Breit-Wheeler process (BW, Ξ³Ξ³ β e
+e
β) are reported in ultraperipheral PbPb collisions at a centre-of-mass energy per nucleon pair of 5.02 TeV. The data sample, corresponding to an integrated luminosity of 1.7 nb
β1, was collected by the CMS experiment at the CERN LHC in 2018. Events with an exclusively produced Ξ³Ξ³ or e
+e
β pair with invariant masses m
Ξ³Ξ³,ee > 5 GeV, along with other fiducial criteria, are selected. The measured BW fiducial production cross section, Ο
fid(Ξ³Ξ³ β e
+e
β) = 263.5 Β± 1.8(stat) Β± 17.8(syst) ΞΌb, as well as the differential
more » distributions for various kinematic observables, are in agreement with leading-order quantum electrodynamics predictions complemented with final-state photon radiation. The measured differential BW cross sections allow discrimination between different theoretical descriptions of the photon flux of the lead ion. In the LbL final state, 26 exclusive diphoton candidate events are observed compared with 12.0 Β± 2.9 expected for the background. Combined with previous results, the observed significance of the LbL signal with respect to the background-only hypothesis is above five standard deviations. The measured fiducial LbL scattering cross section, Οfid(Ξ³Ξ³ β Ξ³Ξ³) = 107 Β± 24(stat) Β± 13(syst) nb, is in agreement with next- to-leading-order predictions. Limits on the production of axion-like particles coupled to photons are set over the mass range 5β100 GeV, including the most stringent limits to date in the range of 5β10 GeV.« less