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Postado em 19 de dezembro, 2020

L'engouement des développeurs pour les t-shirts geeks ou technophiles est bien connu. They previously worked … Sotheby’s, the oldest and largest internationally recognized firm of fine art auctioneers in the world, has been uniting collectors with world-class works of art since 1744. Thread Genius (acq. But the tech is a long way from replacing human specialists. All Breaking Tech News – All in one Place. The amount of … Similar to other auction houses like Christie’s, Sotheby’s is not a stranger to the tech world. Sign up Why GitHub? Supporting the future of art and technology. “The acquisition of Thread Genius and the addition of Richard, Ahmad and Andrew to the Sotheby’s team advance a number of initiatives related to the strategic capture and use of data to improve internal processes and provide a wider range of services to clients,” said Jennifer Deason, Sotheby’s Head of Strategy & Corporate Development, in a statement. Every company today is a tech company, a maxim that was proven out today when one of the world’s oldest and biggest art auction houses acquired an AI startup. Auctions What the Sotheby’s Sale Means for the Future of the Art Industry—and How It Reflects a Broader Shift in Global Economics. GM, Thread Genius Team Sotheby's Feb 2018 - Feb 2019 1 year 1 month. Sotheby’s (NYSE: BID) acquired Thread Genius, an Artificial Intelligence company specializing in image recognition & recommendation technologies. Sotheby's (/ ˈ s ʌ ð ə b i z /) is a British-founded American multinational corporation headquartered in New York City.One of the world's largest brokers of fine and decorative art, jewelry, real estate, and collectibles, Sotheby's operation is divided into three segments: auction, finance, and dealer.The company's services range from corporate art services to private sales. Traditionally, auction houses have relied on an army of art connoisseurs — specialists who are able to identify artists, craftspeople, schools of work and often much smaller, more subtle details to help determine the provenance and value of a work — not only to help source objects, but to help find the right buyers to bid on and eventually buy the work. Thread Genius (acq. Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ by Sotheby's) last raised false false. ), “Historically, transactions would come together by matching an object with an individual’s preference at a certain price point, and Sotheby’s retains data in those three areas,” said Tad Smith, Sotheby’s CEO, in a statement. All this on Crunch Report. Contribute to sothebys/thread-genius-swift development by creating an account on GitHub. Meanwhile, marketplaces like Artsy (which also has a visual database of sorts, the Art Genome project) are growing fast. sotheby's is celebrating its 275th anniversary but is hardly an old fogey, dynamic in its ever innovative expansion in terms of acquisitions of new companies, from everything as diverse as thread genius, a company that developed advanced technology to improve client experience by matching an object to an individual's preference at a certain price point,… Thread Genius (acq. Co-founders Andrew Shum and Ahmad Qamar, who were also Thread Genius’s only two employees, were both engineering alums from Spotify. pip install thread-genius Getting Started. Thread Genius is fundamentally a visual search engine that relies on convolutional neural networks [4] to analyze patterns, shapes, colors, strokes that can be trained on specific purposes: even if it started with clothes recognition for the fashion industry, its deep learning capabilities were soon translated to paintings. They’ll join Sotheby’s this week. You can see some examples of how it works here: Sotheby’s’ said it is not disclosing the value of the deal but said it was non-material to the company. All this on Crunch Report. While I don’t think that Sotheby’s is going to quickly give up on its human specialists, what it will mean is that the auction house now will be able to replicate some aspects of their work to help expand on to digital platforms, and to touch more potential buyers and others as a result. The three will become part of a new unit that will be building a new AI-based recommendation engine for the company, working in part with IP Sotheby’s owns called the Mei Moses Art Indices, an art database of 50,000 images that it acquired in 2016. Auction firm Sotheby's has embraced that idea with its acquisition of Thread Genius, a company that uses AI to find art based on images of paintings, watches, furniture and other items. Sotheby's Disappoints With Larger Losses, Plunging Revenue Earnings Stock markets Culture, Art, Books. We are committed to attracting and retaining talent in all aspects of what we do and are thrilled to welcome Richard, Ahmad and Andrew to Sotheby’s.”. 2018 was a great year for our company. Providing the Global Community with the Latest Tech News | XTechNews.com is Owned and Operated By Codolabs, LLC | Copyright © 2020 Codolabs, LLC | All Rights Reserved, Sotheby’s acquires Thread Genius to build its image recognition and recommendation tech, Uber’s wrongs show we need better workers’ rights, says UK PM, Apple could be redesigning the iBooks app, Instagram gives unfollow suggestions in new ‘following categories’. This article was initially published November 6th, 2017, prior to the acquisition of Thread Genius by Sotheby’s. We’ve seen a number of other moves leveraging tech to improve both art buying and the art experience. A subsidiary of S&C client Sotheby's acquired 100 percent of the outstanding shares of common stock of Thread Genius, a New York-based technology start-up with a focus on artificial intelligence (including machine learning algorithms). This is a pretty bold move for Sotheby’s. 2018 was a great year for our company. 09 May 2016. (This is, apparently, also the case at Amnesty International, which is currently trying to build an AI-based system to help monitor activities around the world, essentially putting in place AI systems to do the work of an army of specialists that it doesn’t have the resources to employ. Sotheby’s acquires artificial intelligence company Thread Genius Sotheby’s enhances data capabilities with its recent company acquisition. Remarkably, Thread Genius was developed by three men with no fine-art qualifications or art-market experience. The fact that the Thread Genius team will be building an AI-based recommendation platform touches on an interesting trend in the non-tech world: companies whose core competency is not technology are increasingly looking to tech to replicate some of the expertise that they have in house to expand what they can do. Thread Genius, based in New York, was founded in 2015 by engineers Andrew Shum and Ahmad Qamar. Sotheby's (BID +1.7%) announces the acquisition of Thread Genius, a startup specializes that in taste-based image recognition and recommendation technologies. This incredible collection of Ford and Shelby race cars is worth millions Driving Culture, Art, Books Self driving cars. As a result of our entire team’s efforts and the continued trust placed in Sotheby’s by our clients, we fulfilled our objective to substantially improve upon last year’s good results, and we achieved a second straight year of 20%+ after-tax returns on equity 1, a significant improvement from the average of just over 15% between 2014 and 2016. 1744. Sotheby's Home (www.sothebyshome.com) is an online marketplace for luxury pre-owned furniture and accessories.We make it easy for high-end furniture owners to profit from a move or redecoration by providing them with a simple way to sell their furniture. That was the day Sotheby’s announced it had bought Thread Genius, a startup whose killer app Ingrid Lundgren at TechCrunch described as “a set of algorithms that can both instantly identify objects and then recommend images of similar objects to the viewer.” Thread Genius was a relatively young company, founded in 2015 and making a debut last year as part of TechStars New York’s Winter 2017 cohort. En janvier 2018, « l’auction house » a commencé sa mue digitale en rachetant la start-up d’intelligence artificielle Thread Genius. The acquisition price of the Mei Moses indices, Orion Analytical, and Viyet were all undisclosed, while Thread Genius’s cost was low enough to be considered “non-material” to Sotheby’s. As a result of our entire team’s efforts and the continued trust placed in Sotheby’s by our clients, we fulfilled our objective to substantially improve upon last year’s good results, and we achieved a second straight year of 20%+ after-tax returns on equity 1, a significant improvement from the average of just over 15% between 2014 and 2016. Yet the value of these moves was about more than dollars and cents. The acquisition of Thread Genius is a continuation of Sotheby's focus on data and technology to drive innovation and improve both internal processes and client service and experience. Jun 5, 2018 - Sotheby’s acquired startup Thread Genius, whose machine learning tech can discern clients’ artistic and style leanings–and suggest customized purchases. As part of the deal, Thread Genius' They’ll join Sotheby’s this week. Read how Sotheby's, the oldest international auction house in the world, is using Data Science, Machine Learning and Artificial Intelligence for the art market. The fact that the Thread Genius team will be building an AI-based recommendation platform touches on an interesting trend in the non-tech world: companies whose core competency is not technology are increasingly looking to tech to replicate some of the expertise that they have in house to expand what they can do. The app they created, shown in … While I don’t think that Sotheby’s is going to quickly give up on its human specialists, what it will mean is that the auction house now will be able to replicate some aspects of their work to help expand on to digital platforms, and to touch more potential buyers and others as a result. Meanwhile, marketplaces like Artsy (which also has a visual database of sorts, the Art Genome project) are growing fast. They are joining the auction house along with Richard Vibert, another data scientist it has hired. The world auction giant adds talent in software development, machine learning, blockchain, and data and analytics. “The acquisition of Thread Genius and the addition of Richard, Ahmad and Andrew to the Sotheby’s team advance a number of initiatives related to the strategic capture and use of data to improve internal processes and provide a wider range of services to clients. BI Tech. Traditionally, auction houses have relied on an army of art connoisseurs — specialists who are able to identify artists, craftspeople, schools of work and often much smaller, more subtle details to help determine the provenance and value of a work — not only to help source objects, but to help find the right buyers to bid on and eventually buy the work. (This is, apparently, also the case at Amnesty International, which is currently trying to build an AI-based system to help monitor activities around the world, essentially putting in place AI systems to do the work of an army of specialists that it doesn’t have the resources to employ. The company has been trying for close to 20 years to build out new frontiers and expand its business using the internet to expand its pool of would-be art buyers and consigners working with the likes of eBay and others to build out these services, these days adding in services like streamed auctions. The acquisition price of the Mei Moses indices, Orion Analytical, and Viyet were all undisclosed, while Thread Genius’s cost was low enough to be considered “non-material” to Sotheby’s. Thread Genius is one of several technologically minded acquisitions Sotheby’s has made in the past two years. Prior to founding Thread Genius in 2015, the engineers behind it helped Spotify develop its song-matching technology. The S&C team advising Sotheby's was led by Melissa … 25 Jan 2018. by Sotheby's) has raised a total of $0 in funding across 1 rounds. With Thread Genius, Sotheby’s is trying to remove another barrier to putting items up for sale: the annual auction calendar. Thread Genius is fundamentally a visual search engine that relies on convolutional neural networks [4] to analyze patterns, shapes, colors, strokes that can be trained on specific purposes: even if it started with clothes recognition for the fashion industry, its deep learning capabilities were soon translated to … Sustainability is the equilibrium between living well now, and longevity for the future. But the tech world – all in one Place startup that personalises to. Value of the business longevity for the future of the deal, Thread Genius Team Sotheby Feb... 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