• South Korean AI chipmakers Rebellions Inc and Sapeon Korea Inc have finalized a merger, aiming to challenge global leaders like Nvidia. Sapeon is backed by SK Telecom and SK Hynix.

• AMD announced plans to acquire server maker ZT Systems for $4.9 billion, aiming to enhance its AI chip portfolio and compete with Nvidia.

• Media platform X announced Saturday it would immediately cease operations in Brazil, citing "censorship orders" and alleged threats of arrest against its legal representative by Judge Alexandre de Moraes.

• J.P. Morgan analysts report that trend-following hedge funds, or CTAs, reversed bearish views and began buying Japanese stocks, restoring positions in Nikkei 225 and TOPIX futures.

• Japan and Tokyo's governments aim for a 700 billion yen valuation for Tokyo Metro, planning an IPO by late October, the largest in six years.

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