Viet Nam News NEW YORK — A portrait made by algorithm smashed new boundaries on Thursday, selling for US$432,500 and becoming the first piece of Artificial Intelligence art sold at a major auction house, Christie’s said. At first glance, Edmond de Belamy, the portrait of a gentleman dressed in black and framed in gold, could be any standard portrait from the 18th or 19th century. Up close, the image is more intriguing. The face is fuzzy and the picture seemingly unfinished. Instead of an artist’s signature, it bears the stamp of a mathematical formula on the bottom right. It’s the brainchild of French collective Obvious, whose aim is to use artificial intelligence to democratise art. To make the painting, artist Pierre Fautrel ran 15,000 classic portraits through a computer software. Once the software "understood the rules of portraiture," using a new algorithm developed by Google researcher Ian Goodfellow, it then generated a series of new images by … [Read more...] about Algorithm art fetches $432,500 at NY auction: Christie’s
PUBLISHED: 18:11 25 October 2018 | UPDATED: 19:08 25 October 2018 The boarded up building. Picture: Nick Butcher Archant © 2018 A hospital has been sold for less than half-a-million pounds after it went up for auction. Protesters camapign outside the former Lowestoft Hospital to try and stop the sale of the building. Picture: Nick ButcherLowestoft Hospital on Tennyson Road, Lowestoft, went under the hammer on Thursday, October 25 selling for £475,000.It closed in 2016 but the site was still owned by James Paget University Hospital. While it was open it provided community care for the elderly and housed a minor injuries unit.The earliest parts of the building date back more than 150 years.It comes just days after the town council pleaded with James Paget Hospital not to sell it.Protesters camapign outside the former Lowestoft Hospital to try and stop the sale of the building. Picture: Nick ButcherIn a letter it said: “Local people cannot afford, economically and in … [Read more...] about Hospital sold for less than half-a-million pounds at auction
Hotel NR19, in Dereham, is going under the hammer at Allsops auction. The hotel was also known at Wine Lodge and Hill House Hotel in recent years. Picture: DONNA-LOUISE BISHOP Archant Built in the time of the Stuart period, this 17th century L-shaped house has graced the edge of a Norfolk town centre since the reign of Queen Anne. Hotel NR19, in Dereham, is going under the hammer at Allsops auction. The hotel was also known at Wine Lodge and Hill House Hotel in recent years. Picture: DONNA-LOUISE BISHOPAnd with a rich history spanning around 300 years, the future of Hotel NR19 - located on the junction with Theatre Street and Wellington Road in Dereham - could be set to change again when it goes under the hammer at auction.Receivers had been appointed to sell the Grade II Listed Building and it will feature as part of Allsops residential auction tomorrow, Thursday October 25.Labelled as Lot 215, the building has been listed with a guide price of £350,000 - £450,000.In … [Read more...] about Former hotel building dating back to 17th century set to go under hammer at auction for £350,000
Vietcombank's recent attemp to divest from Eximbank saw poor results On October 17, the Hanoi Stock Exchange (HNX) announced cancelling the auction of a batch of Eximbank (EIB) stocks owned by Vietcombank because no investor registered. This was Vietcombank’s second failure as on October 15, the bank also saw flat results in the auction of Military Bank (MBB) stock. The bank’s capital divestment from EIB and MBB were to match the State Bank’s Circular 36/201/TT-NHNN that regulates minimum safety limits and ratios in banking operations because Vietcombank’s current ownership in these two banks are above the regulated 5 per cent. Particularly, at the MBB stock auction, Vietcombank offered to sell 53.4 million shares at the starting price of VND19,641 ($0.85) apiece. After the deadline of placing deposits to purchase stocks, only 10 investors (five corporate and five individual) registered to buy a total of 5.9 million shares, equal to 11 per cent of the total … [Read more...] about Bank stock auctions less charming than before?
Viet Nam News HÀ NỘI — Xuân Trường Construction Company has bought a 5.5kg meteorite at an auction held in Boston recently. The company has confirmed with local media that the meteorite will be transferred to be exhibited at Tam Chúc Tourism Site in the northern province of Hà Nam. The company bought “The Moon Puzzle” for US$612,500 on October 19. In its coverage of the event, Fox News quoted Geoff Notkin, star of television’s “Meteorite Men”: “As soon as we saw this, we knew it was extraordinarily unusual. This is close to a once-in-a-lifetime find.” Most lunar meteorites found are the size of a walnut or golf ball, said Notkin, who is CEO of Aerolite Meteorites, which sold the rock. The RR Auction said it’s one of the biggest pieces of the moon ever put up for sale at the online auction that ran from October 11 until October 18. The lunar rock was found last year in a remote … [Read more...] about Meteorite bought at US auction to be displayed at Tam Chúc Pagoda