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Maincode gears up for AI Factory launch with $30M investment

Summary by ARN
AI model developer Maincode is to invest $30 million into the establishment of MC-2, an “AI factory”, which utilises AMD technology and is expected to open in Melbourne in January next year. The investment is anticipated to expand Maincode’s capability to design, build, and operate task-specific AI models. The investment comes after the company’s MC-1, which produced the large language model (LLM) Matilda, and allows it to focus on “what it does…
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ARN broke the news in on Wednesday, October 29, 2025.
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