Key Highlights $30 million investment to build a new AI factory (MC-2) in Melbourne, opening January 2026. Cutting-edge infrastructure powered by AMD Instinct MI355 GPUs, EPYC 9575F CPUs and ROCm software to design task-specific AI models. Strategic shift from general-purpose large language models (LLMs) to precision-engineered applied AI built from scratch. In a landmark move for Australia’s artificial intelligence industry, Maincode has announced a $30 million investment to construct what it calls the country’s most advanced AI factory, located in Melbourne. It is scheduled to open in January 2026. Known internally as “MC-2,” the facility will aim to advance Maincode’s…
Author: Corporate Leaders Magazine
Key Highlights The U.S. could have saved $1.3 billion-$1.5 billion in the first year post-approval if launch prices for drugs matched value-based benchmarks, says the Institute for Clinical and Economic Review (ICER). Median annual net launch prices for new drugs jumped 51% from 2022 to 2024, while list prices rose 24%, underscoring rapid cost escalation across the healthcare industry. ICER’s analysis shows that Americans continue to pay substantially more for medicines than patients in other high-income nations. A new report from the Institute for Clinical and Economic Review (ICER) estimates that the United States could have saved up to $1.5…