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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