Bitcoin miners are bracing for a significant change coming in April with the upcoming halving event, which is expected to drastically reduce their revenue. This development could force miners to seek alternative locations with lower operational costs to maintain profitability. One likely outcome is a shift from the US to countries like Ethiopia, Tanzania, Paraguay, and Uruguay where expenses are comparatively lower.
Meanwhile, the technology giant Microsoft is making waves in the industry by pioneering a unique approach to acquisitions in the form of non-acquisition acquisitions. With deals like OpenAI and Inflection, Microsoft is navigating through regulatory obstacles that often hinder traditional acquisition processes. The competitive landscape in AI technology favors established players due to the high costs involved in training models and accessing proprietary data for a competitive advantage. This trend has led to lucrative pay packages for AI researchers, even at startup companies, making it an attractive space for investors such as FAANG.
