Tag: reduce
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UK Reveals Nearly $80 M. Worth of Art Donated by Collectors in Order to Reduce Tax Burdens
Arts Council England has announced the results of the 2024-25 edition of its Cultural Gifts Scheme (CGS) and Acceptance in Lieu (AIL)initiatives. Thirty-two artworks entered public collections this cycle, with a combined value of almost $80 million. Highlights include Edgar Degas’s pastel Danseuses roses (ca. 1897–1901), given to the National Gallery by the estate of read more
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Cerrion raises $18M to reduce factory downtime with AI video agents
Cerrion, the Swiss-founded AI video agent platform that detects and resolves production line issues in real time, has raised $18 million in Series A funding to further expand and scale operations in the US and Europe. The round was led by Creandum, with participation from existing investors Y Combinator, Goat Capital, 10x Founders and Session read more
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