Business

Europe bids to join NFT art auction craze

Europe has joined the craze for NFTs, virtual art pieces inspired by cryptocurrencies that turn the impermanence of the internet into a prized collector's item to be bought and sold like a Rembrandt.

Robotics

Robot artist sells art for $688,888, now eyeing music career

Sophia is a robot of many talents—she speaks, jokes, sings and even makes art. In March, she caused a stir in the art world when a digital work she created as part of a collaboration was sold at an auction for $688,888 ...

Other

How two friends made art history buying a $70M digital work

It took a few minutes for Vignesh Sundaresan and Anand Venkateswaran to realize that they'd parted with $69.3 million for a digital artwork stored in a JPEG file, coincidentally securing their place in art history.

Internet

Music world taps 'NFT' digital goldrush

"NFT" is quickly becoming the acronym of 2021, offering a new way to sell digital art online, and music stars including Kings of Leon and Grimes have been quick to jump on the bandwagon.

Business

The price of AI art: Has the bubble burst?

Last fall, an AI-generated portrait rocked the art world selling for a staggering US$432,500 at Christie's auction house in New York. The portrait called "Edmond de Belamy" features a slightly out-of-focus man with no nose ...

Art meets AI: computer-generated works set for New York sale

Two paintings up for auction in New York highlight a growing interest in artificial intelligence-created works—a technique that could transform how art is made and viewed but is also stirring up passionate debate.