All posts tagged: valuable

Is A Random Unknown Artist More Valuable Than Picasso? AI Thinks So.

Is A Random Unknown Artist More Valuable Than Picasso? AI Thinks So.

What’s worth more—a Picasso or a painting by a street artist no one has heard of? According to the AI model we built, the answer is the latter. That surprising result came out of an experiment I ran with a data scientist and an AI expert from Silicon Valley. Our goal was to see whether artificial intelligence could bring more transparency—and, perhaps, greater fairness—to the art market. The timing is urgent. The art world has been in a recession for 15 years, galleries are closing, young collectors are holding back, and artists trying to make it in the major market centers are living on the brink of poverty. The market is opaque and elitist. More than 50% of auction value in contemporary art comes from just twenty artists. The attention driven by blockbuster exhibitions and record prices is reserved for a handful of artists and galleries—under the pretense that their art is simply “better.” But is it really? Related Articles To find out, we built an AI model to decode how artistic value is determined …

The Steam Deck is more valuable than ever, and that really annoys me

The Steam Deck is more valuable than ever, and that really annoys me

If you buy a piece of consumer technology, then it skyrockets in value well after it initially launched — like a portable PC that can double up as a PS5 — you should go to bed dreaming of sheep perpetually jumping over fences with massive dollar bags under their wooly bits, right? Wrong! In the case of the Steam Deck OLED, I was lucky enough to buy one during its launch week back in mid-November 2023 for its decidedly reasonable MSRP of $649 for the 1GB model. Fast-forward 2.5 years later though, and Valve’s handheld PC would now cost me in excess of $1300 on Amazon. That’s because Steam Decks have been unavailable due to stock shortages on the Steam Store for months at time of writing. And it’s all “RAMaggeddon’s” fault. On behalf of everyone who can’t currently get their hands on a Deck, it makes me angry that global memory shortages have encouraged extortionate third-party prices. Related I turned my Steam Deck into a portable PS5 with this one app Forget the PS …

AI Could Democratize One of Tech’s Most Valuable Resources

AI Could Democratize One of Tech’s Most Valuable Resources

Nvidia is the undisputed king of AI chips. But thanks to the AI it helped build, the champ could soon face growing competition. Modern AI runs on Nvidia designs, a dynamic that has propelled the company to a market cap of well over $4 trillion. Each new generation of Nvidia chip allows companies to train more powerful AI models using hundreds or thousands of processors networked together inside vast data centers. One reason for Nvidia’s success is that it provides software to help program each new generation of chip. That may soon not be such a differentiated skill. A startup called Wafer is training AI models to do one of the most difficult and important jobs in AI—optimizing code so that it runs as efficiently as possible on a particular silicon chip. Emilio Andere, cofounder and CEO of Wafer, says the company performs reinforcement learning on open source models to teach them to write kernel code, or software that interacts directly with hardware in an operating system. Andere says Wafer also adds “agentic harnesses” to …

Tips for keeping your jewelry at its most valuable as gold and silver surge

Tips for keeping your jewelry at its most valuable as gold and silver surge

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Even the most dazzling jewellery, despite its perceived invincibility, is susceptible to wear and tear without diligent care. Over time, the sparkle of gemstones and metals can fade, and a piece’s value can diminish if not properly maintained. This concern is particularly relevant as gold prices surge, prompting many to consider their jewellery as investments or assets to sell. “Jewellery is similar to cars … both require constant maintenance and special storage,” explains Heather White, a designer, metalsmith, and professor at the Massachusetts College of Art and Design in Boston. Simple everyday habits often contribute to damage or loss. Earrings left casually on a bedside table are easily misplaced, while rings removed for handwashing can vanish down a drain. Furthermore, tossing various pieces into …

New triangular form of aluminum may be more valuable than platinum

New triangular form of aluminum may be more valuable than platinum

Platinum works beautifully. It speeds up chemical reactions, holds up under punishment, and sits reliably at the center of industrial processes worth billions of dollars annually. It also costs roughly 20,000 times more than the most abundant metal in the Earth’s crust. That gap has driven decades of searching. If chemists could coax a cheaper, more common element into behaving like platinum and its chemical cousins, the implications for manufacturing, sustainability, and cost would be enormous. A team at King’s College London has now taken a significant step in that direction, and the element they’re working with is aluminum. Dr Clare Bakewell and her laboratory have created a new form of aluminum, published in Nature Communications, that can break apart tough chemical bonds and generate molecular structures never previously observed. The discovery opens a line of chemistry that the researchers say goes beyond simply mimicking precious metals. “We chose aluminum as it’s super abundant, making it approximately 20,000 times less expensive than precious metals such as platinum and palladium,” Bakewell said. Dr Clare Bakewell and …

Scientists use microbes on ISS to extract valuable metals from meteorites

Scientists use microbes on ISS to extract valuable metals from meteorites

A meteorite chip sat in a small container, bathed in liquid, while the International Space Station floated overhead. Inside, a fungus spread thin threads across the rock. A bacterium built a slick biofilm. The question was simple to ask and harder to test: in microgravity, can microbes pull valuable metals out of asteroid-like material? A Cornell University and University of Edinburgh team says yes, at least in a proof-of-concept sense, and the fungus did the heavy lifting for one of the most sought-after metals in the sample. The experiment, called BioAsteroid and reported in npj Microgravity, compared a bacterium (Sphingomonas desiccabilis), a fungus (Penicillium simplicissimum), and a mixed “consortium” of both. Lead author Rosa Santomartino, an assistant professor of biological and environmental engineering at Cornell, worked with co-author Alessandro Stirpe, a research associate in microbiology. Charles Cockell, a professor of astrobiology at the University of Edinburgh, is the senior author. “This is probably the first experiment of its kind on the International Space Station on meteorite,” Santomartino said. Michael Scott Hopkins performs a microgravity experiment …

Elon Musk Is Rolling xAI Into SpaceX—Creating the World’s Most Valuable Private Company

Elon Musk Is Rolling xAI Into SpaceX—Creating the World’s Most Valuable Private Company

Elon Musk’s rocket and satellite company SpaceX is acquiring his AI startup xAI, the centibillionaire announced on Monday. In a blog post, Musk said the acquisition was warranted because global electricity demand for AI cannot be met with “terrestrial solutions,” and Silicon Valley will soon need to build data centers in space to power its AI ambitions. “In the long term, space-based AI is obviously the only way to scale,” Musk wrote. “The only logical solution therefore is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called ‘space’ for a reason.” The deal, which pulls together two of Musk’s largest private ventures, values the combined entity at $1.25 trillion, making it the most valuable private company in the world, according to a report from Bloomberg. SpaceX was in the process of preparing to go public later this year before the xAI acquisition was announced. The space firm’s plans for an initial public offering are still on, according to Bloomberg. In December, SpaceX told employees that it …

This old CPU is more valuable than ever

This old CPU is more valuable than ever

Something strange is happening in the PC hardware market. Where you could spend a couple of hundred bucks to upgrade your memory in late 2024, you’re now looking at double that at the start of 2026. It’s not just affecting the price of computer memory, either. It’s everything connected to it, like laptops, smartphones, games consoles, and so on. Amid the madness of these price increases, certain hardware has seen significant price increases, and one CPU in particular is seeing enormous gains as PC users turn back to older hardware generations. It’s had such a price increase that at the time of writing, this AMD CPU is retailing in some places for more than double its MSRP—despite it launching nearly four years ago. Folks are flocking back to AM4 I didn’t know this is what time-travel would be like I’m talking, of course, of the AMD Ryzen 7 5800x3D CPU, launched back in 2022. It was the first AMD CPU to feature its 3D V-Cache, stacking cache memory to deliver more capacity, for a total …

Sotheby’s to Sell Most Valuable Single-Owner Whiskey Collection

Sotheby’s to Sell Most Valuable Single-Owner Whiskey Collection

Sotheby’s is binning any notion of “dry January” by betting big on whisky at the end of this month. At its new Breuer Building HQ on January 24, the house will host its first-ever live, single-owner sale devoted entirely to American whisky. Called The Great American Whisky Collection, it will be the most valuable collection of its kind to hit the market, with a high estimate of $1.7 million. A total of 360 bottles will hit the auction block, spread across 320 lots.   The auction is part of Visions of America, Sotheby’s weeklong series celebrating American art, objects, and innovation in honor of the nation’s 250th anniversary. The house, it seems, is hoping to position the sale within a cultural moment, placing Bourbon and Rye alongside other expressions of American creativity and craft. Related Articles The collection was assembled over many years by a dedicated anonymous collector. It includes private labels, exclusive single barrels, and historic bottlings that are now, according to Sotheby’s, nearly impossible to find. Several of these bottles are appearing at …