CULTURE Portrait by AI program sells for $432,000

CULTURE

Portrait by AI program sells for $432,000

People's Daily app

07:12, October 26, 2018

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"Edmond de Belamy" sold at Christie's in New York City on Thursday. (Photo: Getty Image. )

An artwork created by an artificially intelligent program has been sold at auction for $432,000 (£337,000).

The final price is far higher than the $7,000-$10,000 estimate put on it by Christie's in New York before the sale.

The painting, called Portrait of Edmond Belamy, was created by a Paris-based art collective called Obvious, according to BBC news. 

The artwork was produced using an algorithm and a data set of 15,000 portraits painted between the 14th and 20th Centuries, as BBC reported. 

And while Christie's expected the A.I.-created portrait to fetch $7,000 to $10,000, on Thursday it sold for $432,500 — over 40 times the initial estimate — to an anonymous bidder, as CNBC reported. 

The portrait was made using ink, canvas and an artificial intelligence algorithm, and was signed with a math equation, according to CNBC. 


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