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Takashi Murakami curates an edition of the Outsider Art Fair in a vast New York pop-up space.
More than 200 sculptural works by around 60 artists represented by nearly 30 galleries will be on display through June 27 in Soho, which added some star power thanks to Japanese artist Takashi Murakami who organized the sculpture show as guest curator. The event, called “Super-Rough,” is yet another sign that life is normalizing. “We were eager to participate in the opening up of New York, especially since our next NY fair, our 30th anniversary, isn’t until February. People can’t wait that long! OAF’s primary role is to provide opportunities for our dealers, and while doing so we expand the audience for self-taught art,” says Andrew Edlin, the owner of the Outsider Art Fair. “Prices continue to escalate [in Outsider art] but at the same time new bodies of work are still coming to light with entry points that are accessible to collectors at all levels,” he adds.
The world’s largest semiconductor manufacturer is building a $12 billion factory in Phoenix.
The Taiwan Semiconductor Manufacturing Co., known as the world’s largest manufacturer of semiconductors, has broken ground on an expansive, $12 billion factory complex in Phoenix. C.C. Wei, the company’s CEO, said that construction is “well underway” and is expected to wrap up in 2024 during the company’s annual tech presentation. Other reports say that the plant may ultimately end up being three times larger than initially anticipated, with a total investment of closer to 435 billion across six factories to create a fabrication mega site. The news follows President Biden’s calls for $50 billion in funding to encourage domestic semiconductor production as part of a proposed infrastructure plan.
New York’s City Artist Corps program will distribute $5,000 grants to more than 3,000 artists.
The City Artist Corps initiative is meant to provide some relief to the art community after the devastating toll of the pandemic (the city has lost two-thirds of its arts and recreation jobs, according to a report in February.) “The devil is in the implementational detail,” Jazz musician Jerome Harris said in response to the announcement. “There’s not a victory until we see that the application process is easy and that the distribution of jobs is equitable.”
The Georgia O’Keeffe Museum is planning a long-awaited expansion in Santa Fe, New Mexico.
Taking over the site of a former Safeway grocery store in Santa Fe is a next-generation facility for the Georgia O’Keeffe Museum, which has been planning to expand since 1997. Cody Hartley, the museum’s director, said the existing building is slated to become an annex, and that “the organization has grown and grown, but our facility has not kept up. The future building will sustain us for years.” Construction on the new building, designed by Gluckman Tang Architects, is expected to begin in 2022 after the museum secures demolition permits.
Ssense receives a major $4.1 billion investment to help expand into the Chinese market.
The venture capital firm Sequoia Capital China has taken a minority investment of $4.1 billion in the popular luxury e-tailer Ssense, known for its curated selection of top-notch brands, ambitious editorial strategy, and dedicated younger audience. As a result of the investment, Ssense is poised to make a splash in China, which is expected to have the world’s biggest luxury market in 2025 after bouncing back from the coronavirus pandemic.
This whiter-than-white paint is capable of cooling buildings down as much as 40 degrees.
A new study suggests that an alternative paint containing barium sulfate (BaSO₄) could help cool buildings in warm climates, especially in urban environments, by more effectively reflecting solar radiation back into space. The one problem? Mining barium creates a huge carbon footprint.