FameEX Morning Crypto News Recap | August 30, 2024

ChatGPT Reaches Over 200 Million Weekly Active Users and Is Utilized by 92% of Fortune 500 Companies

On August 30, OpenAI announced that ChatGPT has surpassed 200 million weekly active users, doubling its user base from a year ago. Additionally, 92% of Fortune 500 companies now utilize OpenAI's products. Usage of OpenAI's automated API has also doubled following the release of ChatGPT-4o in July.

US Proposes 25% Tax on Unrealized Capital Gains for Individuals with Assets Over $100 Million

Bharat Rama, economic adviser to US Vice President Kamala Harris, confirmed plans for a minimum 25% unrealized capital gains tax on individuals with assets over $100 million. He likened it to property taxes, which are also on unrealized gains, but the CNBC host challenged this comparison, noting differences in asset volatility and the nature of property taxes as a use tax.

Tesla's Robotaxis Could Launch Ahead of Fully Autonomous Vehicles

Tesla has claimed that its full self-driving software is nearing completion, enabling car owners to earn money by using their vehicles as robot taxis. However, Tesla's Optimus robot project has struggled with overhype. While Musk anticipates the arrival of robot taxis, Tesla's tunnel project still relies on "driving assistance" features, suggesting full autonomy could be delayed. Meanwhile, the home robot market might develop sooner.

U.S. Initial Jobless Claims Hit 231,000 for Week Ending August 24, Slightly Below Expectations

For the week ending August 24, U.S. initial jobless claims were 231,000, closely matching the expected 232,000, with the previous week's figure revised from 232,000 to 233,000. Continuing unemployment claims for the week ending August 17 totaled 1.868 million, aligning with projections of 1.87 million and revising the prior count from 1.863 million to 1.855 million.

Trump Unveils DeFi Project 'World Liberty' Video, Aims to Position U.S. as Crypto Capital

Trump released a video on X discussing his DeFi project, World Liberty, stating his ambition to make the United States the global crypto capital. In the video, he also pledged to prevent financial bankruptcies among the populace.

Citi Names Apple as Its Leading AI Stock for 2025

Citigroup has named Apple (AAPL.O) as its top artificial intelligence stock for 2025, placing it ahead of other leading companies such as Nvidia (NVDA.O) and Arista Networks in the AI sector.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.