{"id":255170,"date":"2025-11-01T09:44:35","date_gmt":"2025-11-01T09:44:35","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/255170\/"},"modified":"2025-11-01T09:44:35","modified_gmt":"2025-11-01T09:44:35","slug":"billionaire-ed-craven-pours-30m-into-ai-factory-plan","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/255170\/","title":{"rendered":"Billionaire Ed Craven pours $30m into AI factory plan"},"content":{"rendered":"<p>Maincode, the artificial intelligence start-up bankrolled by Ed Craven the billionaire founder of online casino giant Stake.com, will invest $30 million to build a so-called AI factory in Melbourne.<\/p>\n<p>The new facility, which will be housed in a Telstra-owned data centre, is notable for eschewing chips made by Nvidia, the world\u2019s most valuable company. Maincode\u2019s chief executive, Dave Lemphers, said AMD\u2019s chips and platform had proven ideal for its Australian AI large language model (LLM), called Matilda.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Maincode, the artificial intelligence start-up bankrolled by Ed Craven the billionaire founder of online casino giant Stake.com, will&hellip;\n","protected":false},"author":2,"featured_media":255171,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":{"0":"post-255170","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-au","12":"tag-australia","13":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/255170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=255170"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/255170\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/255171"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=255170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=255170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=255170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}