Fine Art
Costa Rica’s Economic Boom Spurs Real Estate Surge; MÍRAME Fine Art Emerges as Key Player in Art Market
According to FocusEconomics, Costa Rica’s GDP is projected to reach USD 96 billion in 2024, a substantial rise from USD 69.1 billion in 2022, reflecting the country’s robust economic growth. This surge is driving a parallel boom in the real estate market, with luxury residential developments targeting expatriates expected to generate USD 6.5 billion in sales over the next five years. The influx of around 8,500 high-end units is not only reshaping the property market but also sparking new interest in culturally resonant artworks that showcase Costa Rica’s rich heritage and natural beauty.
Economic Growth: A Catalyst for the Art Market
MÍRAME Fine Art is playing a key role in this emerging trend. As a new platform, MÍRAME offers collectors the opportunity to explore and purchase works by artists living and working in Costa Rica. Its integration of augmented reality technology allows everyone, from potential buyers to interior designers, to visualize artworks in their own spaces, no matter their location. Combined with DHL integration for seamless shipping, MÍRAME is simplifying the process of bringing Costa Rican art into homes around the world.
Fine Art
Art Advisory Service Market to Set an Explosive Growth in Near Future | Graval, Fine Art Group
According to HTF Market Intelligence, the Global Art Advisory Service market to witness a CAGR of 6.2% during the forecast period (2024-2030). The Latest Released Art Advisory Service Market Research assesses the future growth potential of the Art Advisory Service market and provides information and useful statistics on market structure and size.
This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report identifies and analyses the changing dynamics and emerging trends along with the key drivers, challenges, opportunities and constraints in the Art Advisory Service market. The Art Advisory Service market size is estimated to increase by USD at a CAGR of 0.062% by 2030. The report includes historic market data from 2024 to 2030. The Current market value is pegged at USD.
Alisan Fine Arts is pleased to present Hybrid Nature, an exhibition featuring artists Bouie Choi, Chu Chu, and Jia Sung. Although the three artists’ artworks and processes differ, they all explore forms of hybridity, both in the themes at play within them and the mediums they use. Hong Kong-based Bouie Choi is known for her use of reclaimed wood as a material, manipulating and then painting on the surface to create object-like works. Chu Chu takes the natural world as her subject in her photography-calligraphy works, increasingly blending the two practices in her various bodies of work. Jia Sung frequently incorporates embroidered elements into her paintings; interestingly, hybrid figures, part-human and part-animal, often populate her works as she delves into folkloric traditions and tropes.
In her new series of work for this exhibition, Bouie Choi decided to take a more intuitive, expansive approach to her artwork process. Rather than relying on pre-determined subject matter (often plucked from daily news and personal experiences in Hong Kong), she instead focused on trees – in particular palm trees – portraying them as ‘witnesses and the ‘threads’ that connect us all under global challenges’. In contrast to the widely planted hybrid palms used in plantations, the starting point for this series was an article that described how the seeds of the extinct Judean Palm tree—2,000-year-old date palm seeds—were uncovered and revived. The ‘new’ tree was named Methuselah by Dr. Elaine Solowey, after the biblical character known for his longevity, and the idea of this history-defying living being appealed to Choi as a natural, hidden observer.
Read more: https://ocula.com/art-galleries/alisan-fine-arts/exhibitions/hybrid-nature/
Major technology companies are racing to shrink their artificial intelligence (AI) systems as mounting computing costs push them to rethink how they build and deploy their most advanced programs. This efficiency drive marks a significant shift in the industry, where the focus is moving from raw power to streamlined performance.
The process, known as AI optimization, involves refining complex software systems to improve their performance while reducing the computing power they need to run. These efficiency improvements can transform challenging economics into sustainable operations for companies that rely on massive computing systems. Meta’s September partnership with Amazon Web Services (AWS) demonstrated this trend, enabling the firm to offer its AI model Llama in various sizes, optimized for different computing environments.
The Server Farm Challenge
Beneath AI’s prowess lies a costly infrastructure. Running advanced programs requires vast data centers and specialized processors. For instance, Microsoft’s partnership with OpenAI required building multiple AI supercomputers, each using thousands of Nvidia A100 GPUs. These installations consume substantial power — training a large language model (LLM) can require energy equivalent to thousands of households.
This pressure has sparked innovation in software architecture. Google has pioneered various optimization techniques, such as quantization, which reduces the precision of numbers required in calculations while maintaining model performance. Meta achieved efficiency gains with its Llama AL models through architectural improvements, allowing smaller models to perform strongly while using fewer parameters.
Read more: https://www.pymnts.com/artificial-intelligence-2/2024/ai-explained-the-fine-art-of-ai-optimization/
