FameEX Morning Crypto News Recap | August 30, 2024

ChatGPT Surpasses 200 Million Weekly Active Users, Used by 92% of Fortune 500 Companies

On August 30, OpenAI revealed that ChatGPT now boasts over 200 million weekly active users, doubling since last year. Furthermore, 92% of Fortune 500 companies are utilizing OpenAI's products. The usage of OpenAI's automated API has also doubled since the July release of ChatGPT-4o.

US to Introduce 25% Tax on Unrealized Capital Gains for Individuals with Assets Exceeding $100 Million

Bharat Rama, economic adviser to Vice President Kamala Harris, confirmed plans for a 25% tax on unrealized capital gains for individuals with assets exceeding $100 million. He compared it to property taxes on unrealized gains, but a CNBC host countered, highlighting differences in asset volatility and the function of property taxes as a use tax.

Tesla's Robotaxis May Debut Before Completely Autonomous Cars

Tesla asserts its full self-driving software is almost complete, potentially transforming cars into income-generating robot taxis. However, the Optimus robot project faces challenges due to overhype. Although Musk expects robot taxis soon, Tesla's tunnel project continues to depend on "driving assistance" functions, indicating full autonomy may be delayed. Conversely, the home robot market could advance more quickly.

U.S. Initial Jobless Claims Reach 231,000 for Week Ending August 24, Marginally Under Expectations

For the week ending August 24, U.S. initial jobless claims hit 231,000, nearly meeting the 232,000 expectation. The prior week's figure was revised from 232,000 to 233,000. Continuing claims for the week ending August 17 were 1.868 million, closely matching the expected 1.87 million, with a previous revision from 1.863 million to 1.855 million.

Trump Launches 'World Liberty' DeFi Project Video, Seeks to Make U.S. the Crypto Capital

Trump unveiled a video on X about his DeFi initiative, World Liberty, declaring his goal to establish the U.S. as the world's crypto capital. He also committed to safeguarding citizens from financial bankruptcy in the video.

Citi Selects Apple as Top AI Stock for 2025

Citigroup has selected Apple (AAPL.O) as its premier artificial intelligence stock for 2025, ranking it above other key players like Nvidia (NVDA.O) and Arista Networks in the AI industry.

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