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The Art Trade Is Taking Calculated Risks With A.I.

The article examines how the art trade is cautiously experimenting with artificial intelligence, noting that while AI tools are being developed to attract newer collectors, the industry remains heavily reliant on trust and personal relationships that technology cannot replicate. It also reports on Fair Warning's new 'No Warning' sealed-bidding auction format, reflecting a rise in private auctions, and highlights a Sotheby's New York sale of the Jean and Terry de Gunzburg collection that set a U.S. record for design auctions at $96 million, led by a set of 15 mirrors by Claude Lalanne for Yves Saint Laurent that sold for $33.5 million.

Collector Julia Stoschek Closes Down Berlin Exhibition Venue After 10 Years In Favor of International Projects

Julia Stoschek, a leading art collector and ARTnews Top 200 figure, is closing her Berlin exhibition venue after a decade of operation. The 3,000-square-meter space in the former Czech Cultural Center, which opened in 2016, will shut at the end of October 2026, having hosted 22 exhibitions and attracted 450,000 visitors. The Stoschek Foundation will maintain its Düsseldorf venue, while Stoschek shifts focus to international projects, such as the recent Los Angeles exhibition “What a Wonderful World: An Audiovisual Poem,” curated by Udo Kittelmann.

Collector Jennifer Gilbert Is Selling Modernist Masterpieces to Fund Her New Arts Space

Jennifer Gilbert, the Detroit-based entrepreneur and philanthropist, is auctioning a selection of Modernist masterpieces from her private collection to fund Lumana, a new nonprofit arts organization. The sales, scheduled for May and June at Sotheby’s New York, include high-profile works by Joan Mitchell and Kenneth Noland, with an overall fundraising goal exceeding $10 million.

Artists, clowns, runaways: a stay at the Chelsea Hotel – in pictures

Photographer Albert Scopin has released a new book through Kerber Verlag documenting his residency at New York’s iconic Chelsea Hotel between 1969 and 1971. The collection features rare, intimate portraits of the hotel's legendary inhabitants, including a young Patti Smith and Robert Mapplethorpe before their rise to global fame, alongside long-time manager Stanley Bard and avant-garde figures like Vali Myers and Holly Woodlawn. Scopin’s lens captures the 'creative chaos' of the era, from the art-filled lobby to the eccentric private quarters of residents like composer George Kleinsinger.

New UCCA CEO Kong Lingyi on the Beijing Institution’s Future

Kong Lingyi has been appointed as the new CEO of the UCCA Center for Contemporary Art in Beijing, succeeding Philip Tinari who stepped down shortly before the Lunar New Year. A veteran of the institution since 2012, Kong previously served as vice president of brand and is now tasked with overseeing UCCA’s multiple branches in Beijing, Beidaihe, and Yixing. Her leadership marks a shift toward a new management structure focused on institutional sustainability and public accessibility.

‘Occasionally a picture can change the course of history’: 33 scandalous photos that shocked the world

The article presents a curated collection of 33 photographs deemed to have caused public scandal, ranging from political and royal controversies to celebrity missteps and historical moments of defiance. It analyzes how these images, from Prince Andrew with Virginia Giuffre to Lee Miller in Hitler's bathtub, have exposed hidden truths, shattered carefully managed public images, and sometimes altered public perception or the course of events.

auctions houses middle market competition art

The auction industry's "middle market"—typically defined as lots under $1 million—is facing a period of intense competition and shrinking profit margins. While these lower-priced works account for the vast majority of transaction volume and a significant portion of earnings, the overhead costs of selling them remain high. Furthermore, aggressive financial maneuvers like guarantees and "enhanced hammers," once reserved for blue-chip masterpieces, are now being demanded by sellers and advisors at much lower price points.

Competition in the Auction Business’s Middle Market is Fierce, and Growing Fiercer

The auction industry's middle market, generally defined as lots valued below $1 million, is experiencing intense competition and shrinking profit margins. While this segment accounts for the vast majority of transactions and a significant share of auction house earnings, rising overhead and sellers demanding complex financial deals—like enhanced hammers and guarantees—are squeezing profitability. Regional and specialized auction houses are fiercely competing for business against each other and against third-party online platforms.

charles chemin artistic director watermill center

The Watermill Center has appointed Charles Chemin as its new artistic director, succeeding the organization's late founder, Robert Wilson. Chemin, a long-time collaborator who first worked with Wilson in 1992, was hand-selected for the role by Wilson prior to his death in August 2025. He will lead the interdisciplinary laboratory's artistic vision alongside managing director Elise Herget and curator Noah Khoshbin.

ai weiwei censorship artificial intelligence deepseek

Renowned artist and activist Ai Weiwei critiques the intersection of artificial intelligence and censorship, drawing parallels between AI's algorithmic limitations and the Chinese government's systematic suppression of dissent. Using the emergence of the Chinese AI model DeepSeek as a catalyst, Ai recounts how the tool refused to discuss him, mirroring the state's long-standing strategy of erasing sensitive topics from public discourse. He argues that AI's reliance on existing data sets inherently replicates societal biases and moral codes, leading to factual inaccuracies and the homogenization of human thought.

gelman collection of mexican art surfaces at santander with plans to bring it to spain

Banco Santander has announced it will manage roughly half of the Gelman Collection, one of the most significant collections of 20th-century Mexican art, which disappeared from public view in 2008. The Madrid-based bank now oversees 160 of approximately 300 works amassed by patrons Jacques and Natasha Gelman. The collection will anchor the new Faro Santander cultural center in Spain, set to open in June, through a long-term loan agreement with the Zambrano family, the prominent Mexican business family revealed to own the once-lost collection. The collection's whereabouts had been largely unknown, with only sporadic sightings in foreign institutions, after it was divided by executor Robert R. Littman despite the will's stipulation that it be shown intact in a private museum in Mexico.

bose krishnamachari resignation kochi biennale foundation

Bose Krishnamachari, artist and co-founder of the Kochi Biennale Foundation (KBF), has abruptly resigned, citing pressing family reasons. His departure comes during the 6th edition of the Kochi-Muziris Biennale, titled “For the Time Being,” which opened December 12, 2025, and runs through March 31, featuring 66 artists from over 20 countries. The biennial has faced multiple controversies since its 2012 debut, including financial mismanagement, sexual harassment allegations, and a recent closure in January 2026 due to religious protests over a painting by Tom Vattakuzhy referencing the Last Supper.

reframing the frame

Artnet News revisits the trend of inventive, sculptural frames in contemporary painting, originally explored in Katie White's essay "Bordercore." The article features a podcast conversation between White and editor Ben Davis, examining how artists like Stephanie Temma Hier use frames as surreal, symbolic extensions of their work, moving beyond traditional containment to comment on and disrupt the artwork's boundaries.

the round up 2025s highs lows and wtfs

In this year-end roundup episode of The Art Angle, co-hosts Kate Brown and Ben Davis, joined by Artnet Pro editor and art critic Andrew Russeth, review the defining trends, themes, and stories of 2025. They cover the art market's slump and subsequent rebound in New York's fall auctions and Art Basel Miami Beach, the political impact of Trump 2.0 on arts funding and museum governance, the question of a 'post-woke' art world, the return of digital art, and the ongoing power of red chip art. The episode also highlights the multi-front crisis facing institutions due to changing public expectations, rising costs, and political shifts, alongside lighter, unusual stories from the art world.

daughter of marisa merz cancels show in kassel over documentas antisemitism policy

An exhibition of work by late Arte Povera artist Marisa Merz, planned for the Fridericianum museum in Kassel, Germany, has been canceled by her daughter Beatrice Merz. Beatrice, president of the Fondazione Merz, called off the show in protest of Documenta's newly adopted Code of Conduct, which uses the International Holocaust Remembrance Alliance (IHRA) definition of antisemitism. The exhibition was originally scheduled to open in August 2025 and was replaced with a Robert Grosvenor survey. The cancellation was confirmed by Andreas Hoffmann, managing director of Documenta and the Fridericianum.

manar abu dhabi

The second edition of Manar Abu Dhabi has launched under the theme “The Light Compass,” featuring 22 site-specific light-based installations across Abu Dhabi and Al Ain through January 4, 2026. Organized by the Department of Culture and Tourism – Abu Dhabi, the exhibition includes works by Emirati and international artists such as Pamela Poh, DRIFT, Shaikha Al Mazrou, Rafael Lozano-Hemmer, and KAWS, with venues spanning Jubail Island, Al Jimi and Al Qattara oases, and Mina Zayed. A parallel performance program and educational lectures accompany the installations.

phillips evening sale 2025 stats

Phillips held its Modern and contemporary art evening sale in New York on Wednesday night, achieving $67.3 million in total sales—a 24.4 percent increase from the same auction last November. The sale featured 33 lots with a 94 percent sell-through rate, including a triceratops fossil that sold for $5.4 million through a partnership with natural history dealer Christian Link. Top lots included Francis Bacon's *Study for Head of Isabel Rawsthorne and George Dyer* (1967) at $16 million with premium, Jean-Michel Basquiat's *Exercise* (1984) at $3.8 million, and two works by Ruth Asawa. Only one artwork, a Jadé Fadojutimi, failed to sell, and there were no withdrawals.

school of art institute of chicagos video data bank

The School of the Art Institute of Chicago (SAIC) laid off three of five staff members of its Video Data Bank (VDB), including director Tom Colley, as part of 20 total layoffs across the institution. The cuts, announced on November 12, eliminated leadership and key distribution and digital management roles, sparking outcry from the new-media art community. VDB, founded in 1976, is a leading archive of video art with over 6,000 works by artists including Nam June Paik, Bruce Nauman, and Pipilotti Rist, distributed worldwide via subscription streaming.

kaws drift rafael lozano hemmer artists participating abu dhabis public light art exhibition

Abu Dhabi’s Department of Culture and Tourism has organized the second edition of its public light art event, titled “The Light Compass,” for the 2025-26 season. Curated by a four-person team led by artistic director Khai Hori, the event features 15 installations by international and Emirati artists, including DRIFT, KAWS, Rafael Lozano-Hemmer, Shaikha Al Mazrou, Ammar Al Attar, and Christian Brinkmann. Works are displayed across multiple sites: Jubail Island and Souq Al Mina in Abu Dhabi, and Al Qattara Oasis and Al Jimi Oasis in Al Ain, a UNESCO World Heritage Site. Highlights include DRIFT’s biometric dome and drone show, KAWS’s giant “Companion” figure holding a glowing orb, and site-specific pieces by Lozano-Hemmer and others.

art market minute nov 17

The U.K. Crown Prosecution Service has charged Hauser & Wirth and an art shipping firm with violating criminal sanctions by making George Condo's 2021 work on paper, *Escape from Humanity*, available to a person connected to Russia in 2022. Separately, Frida Kahlo's 1940 painting *El sueño (La cama)*, estimated at $40–60 million, will be auctioned at Sotheby's on November 20, potentially yielding a 78,400 percent return for its consignor. Qatar is also planning the first duty-free art storage unit in the Gulf.

emerging risks art collecting insure against

Private Client Select (PCS), an insurance partner for serious art collectors, highlights the growing complexity of protecting fine art and collectibles. The article details unusual but real claims—such as a conceptual artwork mistaken for trash, a fiber work unraveled by a cat, or a sculpture damaged by a housekeeper—alongside more common risks like climate damage, transit mishaps, and theft. PCS's Art Services team, led by Senior Vice President Muys Snijders, offers proactive risk management, coordinating conservators, appraisers, and storage solutions. Emerging threats include climate change (wildfires, floods), social media exposure, financial complexities (tariffs, collateral lending), and material degradation of contemporary works using nontraditional materials.

erotic art top 200 collector beth rudin dewoody opens miami museum of sex

The Museum of Sex in Miami’s Allapattah neighborhood has opened “Hard Art: Unruly Selections from the Beth Rudin DeWoody Collection,” an exhibition of erotic artworks from the collection of ARTnews Top 200 collector Beth Rudin DeWoody. The show features sculptures, paintings, collages, photography, and installations from the 1930s to the present by artists including Judith Bernstein, Cecily Brown, Nancy Grossman, and Jimmy DeSana. It is co-curated by Maynard Monrow and Laura Dvorkin, DeWoody’s in-house curators, and runs through May 2026.

picasso work missing madrid granada

A valuable work on paper by Pablo Picasso, titled *Still Life with Guitar* (1919), has gone missing during transport from Madrid to Granada, Spain. The piece was part of a shipment of 57 artworks destined for the exhibition 'Still Life. The Eternity of the Inert' at the CajaGranada Cultural Center. The vehicle transporting the works made an unusual overnight stop just 20 miles from its destination, and despite video surveillance at the delivery site, the Picasso was discovered missing during inventory the following Monday. Insured for €600,000 (around $700,000), the work belongs to an unnamed private collector, and police are investigating the presumed theft, though no arrests have been made.

christies kawamura memorial dic museum art monet renoir

Christie’s has been consigned to sell works from the collection of the Kawamura Memorial DIC Museum of Art, including pieces by Claude Monet, Pierre-Auguste Renoir, Marc Chagall, Henri Matisse, and Henry Moore, as part of its fall marquee auctions. A top highlight is Monet’s oil painting *Nymphéas* (1907) with a low estimate of $40 million. The museum, located in Sakura, Japan, and owned by the DIC Corporation, decided last December to downsize and relocate, selling 75 percent of its 384 artworks valued at $77.5 million. The sale includes eight works in Christie’s 20th Century Evening Sale in November, with additional pieces in day sales for Impressionist and Modern Art as well as Post-War and Contemporary Art.

sasan ghandehari lawsuit christies picasso auction guarantee

Collector Sasan Ghandehari has filed a lawsuit against Christie’s in the High Court of England & Wales, alleging the auction house failed to disclose that a Picasso painting he guaranteed was owned by a man convicted of drug-related charges. The work, Picasso’s *Femme dans un rocking-chair* (1956), was offered in a February 2023 London evening sale with a third-party guarantee from Ghandehari’s company, Brewer Management Corporation (BMC). Ghandehari claims Christie’s told him the owner was José Mestre Jr., but the painting actually belonged to his father, José Mestre Sr., who was sentenced to nine years in prison after 202 kilos of cocaine were found on a cargo ship in 2010. The lawsuit seeks to cancel the guarantee contract and recover a £4.8 million partial payment.

art market minute jul 28

Artnet News reports that AI-generated artworks are achieving record prices at art fairs and auction houses, with increasing presence in major exhibitions like the Digital Art Mile during Art Basel and a dedicated AI art auction at Christie's. The article features commentary from Artnet's European news reporter Jo Lawson-Tancred, who discusses how artificial intelligence is transforming both the market and business practices in the art world, while noting lingering concerns about market readiness and ethics.

uk high court rejects artists final appeal after he issued fake apology for fishing firms alleged role in fishrot scandal

The UK High Court has rejected a final appeal by Icelandic artist Oddur Eysteinn Friðriksson, known as ODEE, to retain ownership of his conceptual artwork *We're Sorry* (2023), a fake website that mimicked Iceland's largest fishing company Samherji and apologized for its alleged role in the Fishrot corruption scandal. Judge Anthony Mann upheld a previous order requiring ODEE to surrender control of the domain, ruling that the site was not a parody and constituted an instrument of fraud, thus not protected under Article 10 of the Human Rights Act.

why no one trusts art prices anymore

Artnet News editor-in-chief Naomi Rea joins Kate Brown on The Art Angle podcast to discuss the unraveling of traditional art pricing logic. The art market has cooled beyond a typical downturn, entering what Rea calls a "danger zone" where dealers and advisors are quietly recalibrating as speculation dries up and confidence wanes. The episode examines how pricing mechanisms that once held the market together have broken down, affecting everyone from mega-galleries to emerging dealers.

top auction results june 2025

The summer 2025 auction season concluded with total sales of $85.7 million, a significant drop from $105 million the previous year. The top lot, François-Xavier Lalanne's *Grand Rhinocrétaire II* (2003), sold for $16.42 million at Sotheby’s New York, far below last June’s $29 million top price. Other notable results include Tamara de Lempicka’s *La Belle Rafaëla* (1927) at $10.18 million, two Jean-Michel Basquiat works, and a strong showing by Jacek Malczewski’s *Reality* (1908) at Desa Unicum in Warsaw.

art market minute jun 23

Art Basel 2026 confirmed that the global art market remains a buyer's market, with sales occurring across various price brackets. A new generation of collectors is emerging, driven by curiosity, community, and long-term engagement rather than speculation. Meanwhile, former Sotheby's executive Adam Chinn has quietly built the art lending firm International Art Finance, backed by the Nahmad family.