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.

Foundation, a Prominent NFT Platform of the 2021 Boom, Shuts Down After Failed Sale

Foundation, a prominent Ethereum-based NFT marketplace that launched during the 2021 digital art boom, has announced it will shut down following a failed acquisition by the digital art company Blackdove. CEO Kayvon Tehranian confirmed that the platform has entered a one-year wind-down phase, urging users to migrate their assets as no other viable buyers exist in the current market. The closure follows the collapse of a deal that was intended to provide long-term stewardship for the platform, which had facilitated over $230 million in sales since its inception.

The recovery of the art market, collecting trends, and other analyses in the newly published report

La ripresa del mercato dell’arte, i trend del collezionismo e altre analisi nel nuovo report appena pubblicato

The global art market has returned to growth in 2025, recording a 4% increase compared to the previous year despite geopolitical tensions and financial uncertainty. According to the fourth edition of the "Collectors and the Value of Art in Italy 2026" report by Intesa Sanpaolo Private Banking, buyers are increasingly shunning speculative assets like NFTs and ultra-contemporary art in favor of established categories. Significant growth was noted in Modern art, Impressionism, and Old Masters, signaling a flight to quality and historical stability.