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Upfront Fee. A fee paid before a good is produced or a service is performed. The upfront fee is generally a portion of the total fee that the buyer must pay. For example, one may commission an artist to paint a portrait and pay a 20% upfront fee, paying the remainder when the portrait is finished. It is also called an advance fee. (Farlex Financial Dictionary)
The portrait, Edmond de Belamy, will be the first piece of AI art to go under the hammer at a major auction house. (BBC News)
The portrait, Edmond de Belamy, will be the first piece of AI art to go under the hammer at a major auction house. (BBC News)
Ganter, who also won a National Portrait Gallery Trustees' commission worth £5,000, said he met the subject of his painting, a man called Karel, after a visit to a museum. (BBC News)
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