Elon Musk says SpaceX's AI revenue will outpace all its other products by next month

Source: Biztoc.com· businessinsider.com· August 12, 2026

Elon Musk said SpaceX's AI revenue would exceed that of its other products. Jessica Christian/San Francisco Chronicle via Getty Images Elon Musk is bullish on AI bringing lots of cash into SpaceX in the near future. He said revenue from AI would outpace all o…

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Again acquires Geno to combine AI-driven discovery with industrial biomanufacturing

Technology company Again has acquired industrial biotechnology company Genomatica (Geno), bringing together their capabilities in bioprocess engineering, computational biotechnology and industrial-scale manufacturing. Financial terms of the transaction were n…

Biztoc.com · Aug 12, 2026

JPMorgan raises target for Singapore stocks on robust economic growth

The Straits Times Index may climb up to 7,000 over the next 12 months in a bull case scenario, its analysts said. Read more at straitstimes.com. Read more at straitstimes.com.

The Straits Times · Aug 12, 2026

Japan's US$430B 2040 chip plan hinges on Rapidus 2nm

Japan has drawn up a plan for more than JPY370 trillion (approx. US$2.33 trillion) in combined public and private investment across 17 strategic sectors, including AI and space, through fiscal 2040, which runs from April 2040 to March 2041.

Digitimes · Aug 12, 2026

SK Hynix, Samsung shares rally after report Temasek to invest

Asia Business Daily reported that Temasek plans to invest directly in the two chipmakers. Read more at straitstimes.com. Read more at straitstimes.com.

The Straits Times · Aug 12, 2026