AI Art at Christie & # 39; s Sells for $ 432,500

adminOctober 26, 2018




Last Friday, a portrait produced by artificial intelligence was hanging in Christie in New York, in front of an engraving by Andy Warhol and next to a bronze work by Roy Lichtenstein. On Thursday, it was sold for more than twice the price of both pieces combined.

"Edmond de Belamy, from La Famille de Belamy" sold for $ 432,500, including tariffs, more than 40 times Christie's initial estimate of $ 7,000 to $ 10,000. The buyer was an anonymous bidder.

The tender this morning lasted just under seven minutes, during which the buyer competed against an online bidder in France, two other telephone bidders and one person in the New York room. When the hammer fell, the bids had reached $ 350,000, the final price before the rates.

The distorted portrait, made by the French art collective Obvious, was marketed by Christie & # 39; s as the first portrait generated by an algorithm to auction.

"We would like to thank the AI ​​community, especially those who have been pioneers in the use of this new technology, including Ian Goodfellow, the creator of the GAN algorithm," Obvious said in his statement today. "And the artist Robbie Barrat, who has been a great influence for us."



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