Christie’s first AI art auction sees hits… and plenty of misses

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Christie’s first auction of art made by artificial intelligence (AI) ended Wednesday with mixed results, providing scant clues as to the future of the new and controversial medium.

Fourteen of the 34 lots put on the block during the 14-day online auction either received no qualifying bids or were sold for less than the minimum Christie’s had estimated.

One did go for more than expected — an animation by well-known digital artist Refik Anadol titled “Machine Hallucinations – ISS Dreams – A” which fetched the highest price at $277,200.

But an “Emerging…



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Christie’s first AI art auction sees hits… and plenty of misses


Christie’s first auction of art made by artificial intelligence (AI) ended Wednesday with mixed results, providing scant clues as to the future of the new and controversial medium.

Fourteen of the 34 lots put on the block during the 14-day online auction either received no qualifying bids or were sold for less than the minimum Christie’s had estimated.

One did go for more than expected — an animation by well-known digital artist Refik Anadol titled “Machine Hallucinations – ISS Dreams – A” which fetched the highest price at $277,200.

But an “Emerging…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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