In This Issue
- What Caught My Attention This Week
- Ireland makes $1,500 / month stipend for artists permanent.
- Chegg slashes 45% of workforce due to AI.
- OpenAI o1 understands language as well as human experts.
- How AI is leading a reinterpretation of sleep.
- What’s AI Doing for Companies Like Mine?
- Bank of New York Mellon claims to be using 117 AI solutions in production.
- Citi is now writing performance reviews with AI.
- The Tools of the Trade
- OpenAI hints at the future of Atlas
- After legal threat, Universal Music Group signs partnership with Udio.
- ElevenLabs admits voice models will be commoditized.
- The Way We Work Now
- AI is now being used in M&A due diligence.
- KPMG staff to be rated on AI adoption in yearly performance.
What Caught My Attention This Week
Ireland Makes $1,500 / Month Stipend for Artists Permanent
Harrison Jacobs, reporting for ARTnews:
Under the program, selected artists receive a weekly payment of approximately $375, or about $1,500 per month. There are 2,000 spots available, with applications set to open in September 2026; eligibility criteria have not yet been announced. The government may expand the program to additional applicants in the future, should more funding become available, according to Irish broadcaster RTÉ.
…
The current program, which began in 2022 and is set to end in February after a six-month extension agreed to earlier this year, was launched to support the arts sector following the pandemic. Many artists suffered disproportionate income losses during that time due to the cancelation of live performances and events.
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