How Art Firms Are—or Should Be—Using A.I. Right Now

Art firms are increasingly experimenting with artificial intelligence, but concrete use cases remain limited and industry-specific tools are still in their infancy. A new partnership between Bonhams and tech company ARTDAI aims to apply AI to market analytics, valuation, and specialist research, while companies like Artsy and Artnet are integrating AI capabilities into their platforms. Industry experts, including former Art Basel chief Marc Spiegler, note that the art market's small size has historically discouraged tech development, but AI now makes high-performance tools accessible to smaller businesses.

Brazilian women bring Latin American art to the New York collector circuit.

Two Brazilian women, Fernanda Mazzuco and Luciana Solano, run Art in Brackets, a consultancy and art advisory firm based in New York. For the first time, they have opened a public exhibition space on Walker Street in Tribeca, featuring a collective show centered on the African diaspora and transatlantic connections. The exhibition includes works by artists such as Santídio Pereira and Madalena dos Santos Reinbolt, with prices ranging from $3,800 to $140,000. The company, founded in 2022, connects collectors with Brazilian and Latin American artists, operating as 'wall curators' in partnership with various galleries.

Rare art lands in new downtown Calgary gallery ahead of auction

Cowley Abbott Fine Art, a Toronto-based auction house, has opened its first permanent western Canada gallery in Calgary's East Village. The new space launches with a three-day public preview of museum-quality artworks heading to its Spring Live Auction on May 27 at the Globe and Mail Centre in Toronto. Highlights include rare works by Pierre-Auguste Renoir, Vincent van Gogh, Emily Carr, and members of the Group of Seven such as Lawren Harris and A.Y. Jackson. Among the standout pieces is Emily Carr's 1936 canvas "Wind," estimated at $500,000 to $700,000, and a Lawren Harris painting valued similarly. The gallery aims to attract both collectors and casual visitors, with Peter Ohler, Western Canada Representative and Director of Private Sales, emphasizing that the space is open to anyone interested in art.

Art Basel’s Swiss Fair Will Include a New Initiative Where Galleries Will Withhold Works from Their PDF Previews

Art Basel has announced a new initiative called "Basel Exclusive" for its upcoming Swiss fair, running June 18–21 with VIP previews June 16–17. Under the program, participating galleries will withhold at least one artwork—or even their entire booth—from the PDF previews sent to clients ahead of the fair, encouraging collectors to visit in person. So far, 170 of 232 exhibitors (nearly 75%) have signed on, including major galleries like Gagosian, Hauser & Wirth, Pace Gallery, David Zwirner, Gladstone, Lehmann Maupin, Lisson, Matthew Marks, Paula Cooper, Thaddaeus Ropac, and White Cube, as well as secondary-market dealers such as Galerie 1900-2000, Helly Nahmad, Landau, Mayoral, Pace Di Donna Schrader, and Van de Weghe. Art Basel’s chief artistic officer Vincenzo de Bellis described it as a "gallery-led process" developed from conversations with exhibitors, formalized during Art Basel Hong Kong.

A Gauguin Portrait for Budapest

Un portrait de Gauguin pour Budapest

The Szépművészeti Múzeum (Museum of Fine Arts) in Budapest has acquired a portrait by Paul Gauguin. The painting was part of the collection of André and Françoise Kostolany, which was recently dispersed at auction by De Baecque & Associés in Versailles. The sale saw strong results, particularly for Hungarian paintings from the late 19th and early 20th centuries, with works by József Rippl-Rónai fetching high prices.

Tiffany Window From Connecticut Church Could Fetch $2 M. at Christie’s

A late 19th-century stained-glass window by Tiffany Studios, known as the Boyd Family Memorial Window (The Falls), is set to be auctioned at Christie's New York in June with an estimate of up to $2 million. The window, commissioned in 1898 and installed in 1899 at the Second Congregational Church in Winsted, Connecticut, depicts a waterfall landscape and has been in the church for about 125 years.

Marian Goodman Gallery to ‘Pause’ Operations in Los Angeles

Marian Goodman Gallery is suspending operations at its Los Angeles location after two and a half years, following the conclusion of Tacita Dean's solo show on April 25. The gallery's partners announced a consolidation of programming to its historic homes in New York and Paris, stating they will evaluate the space's future while maintaining an LA presence through art fairs, special projects, and museum exhibitions.

Diane Keaton’s Iconic Wardrobe and Art Collection Head to Auction

Bonhams auction house, in collaboration with the Fine Art Group, is organizing a four-part, 550-lot sale of Diane Keaton's personal belongings. The sales, taking place online and in New York from late May to mid-June, will include her iconic wardrobe, Hollywood memorabilia, home furnishings, and a significant portion of her art collection, featuring works by artists like Robert Rauschenberg and Ed Ruscha, as well as her own mixed-media collages.

Luminous Tiffany Window Poised to Net $2 Million at Auction

A late 19th-century Tiffany stained-glass window, known as the Boyd Family Memorial Window (The Falls), is set to be auctioned at Christie's in June with an estimated price of $2 million. The window, depicting a waterfall and sunset landscape, has been installed in the Second Congregational Church in Winsted, Connecticut, for 125 years and was commissioned by Ellen Wright Boyd in memory of her parents.

Inside Sotheby’s Latest Financial Maneuvers

Sotheby's is under financial scrutiny due to two key developments. A New York real estate broker has filed a $10.2 million lawsuit against the auction house over commissions from the sale of its former Manhattan headquarters, a claim Sotheby's disputes. Concurrently, the company has launched a new delayed-payment program for clients, raising questions about its liquidity.