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defaults on art loans soar impact of australias social media ban on museums writer takes aim at singapore biennial morning link for january 6 2025

The Financial Times reports that half of non-bank lenders offering loans against artworks experienced defaults in 2024, up from 17% two years earlier, according to the Art and Finance Report 2025 by Deloitte Private and ArtTactic. The art market has shrunk 12% to $57.5 billion since 2022, dragging down collateral values and triggering margin calls. Meanwhile, Australia's social media ban for under-16s raises questions for museums, with the Art Gallery of New South Wales noting minimal impact but the Museum of Contemporary Art Australia more reliant on youth engagement. Other news includes Vanessa Horabuena's speed-painted Jesus sold for $2.75 million at Mar-a-Lago, the cancellation of NFT Paris and RWA Paris 2026, and a critical column calling for the end of the Singapore Biennial.

Fair Warning Expands With Saara Pritchard, Doubling Down on ‘Conviction’ in a Crowded Art Market

Loïc Gouzer’s boutique auction app, Fair Warning, is expanding its leadership by appointing Saara Pritchard, a veteran specialist from Christie’s and Sotheby’s, as a partner. Since its 2020 launch, the platform has carved out a niche by rejecting the high-volume model of traditional auction houses in favor of a highly curated, "one work at a time" approach. This strategy has proven lucrative, recently achieving a record $16.7 million for an Andy Warhol portrait and a $4.07 million record for Elizabeth Peyton.

the lume controversial immersive digital art gallery indianapolis museum of art closed

The Indianapolis Museum of Art at Newfields has officially closed The Lume, its controversial immersive digital art gallery, following the conclusion of its final exhibition on Indigenous Australian art. Since its 2021 launch, the high-tech space hosted popular digital spectacles featuring the works of Van Gogh, Monet, and Dalí, but it will now be repurposed for a new contemporary art initiative that the museum claims will expand how audiences experience art.

In Belgio inaugura BRUSK. A Bruges un nuovo museo ibrido dall’arte antica all’AI

A new hybrid cultural center called BRUSK has opened in Bruges, Belgium, designed by Robbrecht en Daem and Olivier Salens. Part of the Musea Brugge network, the venue blends ancient art with contemporary and AI-driven works, featuring two inaugural exhibitions: "Bigger Picture. Connected Worlds of Bruges 900–1550," a historical survey co-curated with historian Peter Frankopan, and "Latent City," the first Belgian solo show of digital artist Refik Anadol. The building offers free ground-floor public spaces, including a café and a permanent mural by Laure Prouvost, aiming to attract both tourists and locals.

Holly Herndon and Mat Dryhurst on AI Optimism and Bringing Two-Headed Worms to Venice

Holly Herndon and Mat Dryhurst, known for their work in digital art and experimental music, have curated a group exhibition titled "Strange Rules" at Palazzo Diedo in Venice alongside Hans-Ulrich Obrist. Their contribution includes a collaboration with Tufts University biologist Michael Levin, featuring live planarian worms modified to grow two heads through bioelectric manipulation. The interview discusses their concept of "protocol art," which seeks to expose and reclaim the underlying systems—from algorithms to biological protocols—that shape artistic production.

Summer 2026 Midnight Moment Program

Times Square Arts has announced the Summer 2026 Midnight Moment program, featuring three artists: Sonia Boyce (June), Tromarama (July), and Maia Chao (August). Boyce's 'Transform' presents a kaleidoscopic film of Andean ancestral movements, presented with the Queens Museum. Tromarama's 'Turn On #2' examines technology's impact on reality and the environment, presented with The Kitchen. Maia Chao's 'Studies for American Idle' draws from a 2025 site-specific performance in Times Square. The works will be shown nightly from 11:57 pm to midnight on nearly 100 electronic billboards.

Step inside Luxembourg artist Massimo Beni’s studio

Luxembourg artist Massimo Beni gives a video tour of his home studio in Esch-sur-Alzette, demonstrating his creative process. Beni explains that his living space doubles as his workspace, allowing him to act on inspiration immediately. He shows how he uses both traditional sketching and digital tools like an iPad to develop his art, emphasizing the importance of never deleting or discarding unfinished work.

'HEAD STRETCH' at Andrew Kreps Gallery, 394 Broadway, New York, United States on 24 Apr–20 Jun 2026

Andrew Kreps Gallery in New York presents 'Head Stretch,' a group exhibition featuring Felipe Barsuglia, Allan Gandhi, Luciana Maas, Flora Rebollo, Gokula Stoffel, and Erika Verzutti. The show is rooted in a shared studio building in São Paulo called 'Predinho,' where friendships and creative exchanges among the artists led to the exhibition. The title reflects diverse interpretations: from craning to see another's work to the stretched proportions of figures in paintings, and the expansion of perspective through community. Works by the six artists, including paintings, sculptures, and drawings, are installed in ways that create new associations, with Verzutti inserting her own pieces to open them to fresh readings.

Ernest Edmonds – interview: ‘The technology didn’t make it easy at the time, but it was clearly right for the future’

Ernest Edmonds, a pioneering computer artist, discusses his six-decade career and his latest exhibition 'Networked' at Gazelli Art House in London. The interview covers his early works from 1968, including 'Nineteen' and 'Communications Game', and his ongoing exploration of human-machine interaction through interactive installations, videos, and algorithmic systems. His latest piece, 'Quantum Tango', continues his interest in networked interactivity. The article also highlights his collaborations with fellow pioneers like Stroud Cornock and his inclusion in the 2015 exhibition 'Primary Codes' in Rio de Janeiro.

moma cryptopunks chromie squiggles acquisitions

The Museum of Modern Art (MoMA) in New York has acquired eight CryptoPunks and eight Chromie Squiggles for its permanent collection, donated by multiple collectors including ARTnews Top 200 Collector Ryan Zurrer and others. The works, both generative NFT projects on the Ethereum blockchain, were added through MoMA's Media and Performance department and will be displayed alongside new media art. CryptoPunks, launched by Larva Labs in 2017, are considered the first major NFT collection, while Chromie Squiggles were created by Erick Calderon (Snowfro) as the first project on ArtBlocks.

art new york museum exhibition guide winter

Cultured magazine has published a winter exhibition guide for New York museums, highlighting six major shows running through early 2026. Featured exhibitions include Ayoung Kim's "Delivery Dancer Codex" at MoMA PS1, a survey of UFO-themed works at The Drawing Center, a Ruth Asawa retrospective at MoMA, Renoir drawings at the Morgan Library & Museum, Robert Rauschenberg's photography at the Museum of the City of New York, and Alexander Calder's circus at the Whitney Museum of American Art. Each entry provides dates, curatorial context, and visitor tips.

parties samsung frame tv cultured collection

CULTURED magazine partnered with Samsung to launch the "CULTURED Collection," a series of contemporary artworks available on the Samsung Art Store for owners of Samsung's The Frame and QLED TVs. A pop-up gallery in Chelsea, New York, and a dinner event celebrated the launch, featuring works by artists including Adam Pendleton, Dominique Fung, Oscar yi Hou, Theresa Chromati, Andrea Marie Breiling, Chris Martin, and Emma Webster. The event drew a cross-section of art and tech insiders, including Art Basel CEO Noah Horowitz, Samsung executives, and collectors.

cryptopunks bored ape yacht club yuga labs digital art nonprofit

The Infinite Node Foundation, a new nonprofit focused on digital art conservation founded by venture capitalist Meyer 'Micky' Malka and Becky Kleiner, has acquired the full intellectual property rights to CryptoPunks from Yuga Labs. The purchase price is reported to be around $20 million. CryptoPunks, created in 2017 by Matt Hall and John Watkinson, is one of the earliest and most famous NFT collections, credited with sparking the 2021 NFT craze. Yuga Labs, the parent company of Bored Ape Yacht Club, had bought the rights in 2022 for an undisclosed sum. The foundation's advisory board includes Web3 figures such as Yuga Labs co-founder Wylie Aronow and Art Blocks founder Erick Calderon.

Marat Guelman and the group + - Komma: First of all, it’s beautiful

Marat Guelman's exhibition at Ethan Cohen Gallery in New York (April 23–May 30, 2026) features AI-generated monoprints created in collaboration with the Montenegrin digital art group + - Komma. None of the works were painted by Guelman himself; instead, he programmed AI outputs based on historical models by artists like Picasso, Gauguin, Monet, Warhol, Lichtenstein, Turner, Matisse, and Richter. Every piece in the show incorporates an image of an atomic mushroom cloud, a motif Guelman uses to respond to Vladimir Putin's nuclear threats during the Ukraine war.

Drones, Uncle Sam, and Grand Master Rafael: 10 Must See Exhibits This Spring

New York City’s museum landscape is entering a major spring season characterized by high-profile retrospectives, institutional reopenings, and the 82nd Whitney Biennial. Key highlights include a massive Raphael survey at the Metropolitan Museum of Art featuring over 200 works, the reopening of the expanded New Museum with a tech-focused exhibition on the future of humanity, and a major survey of sculptor Carol Bove at the Guggenheim. The season also features thematic shows exploring American folk art, Dutch Golden Age masterpieces, and the relationship between Frida Kahlo and Diego Rivera.

From a waterfall cube to a field of mushrooms: Vivid Sydney 2026 – in pictures

Vivid Sydney 2026 has launched, transforming the city with bold light installations, projections, and digital art. The festival features a 6.5km light walk from Barangaroo to Darling Harbour, along with live music, panel discussions, and pop-up dining. Highlights include works like 'Vaiola' by Sāmoan/Australian artist Angela Tiatia, projected onto the Museum of Contemporary Art. The event runs until 13 June.

beeple elon musk robot dog san francisco viral stunt

Digital artist Beeple, also known as Mike Winkelmann, has deployed a robotic dog featuring the likeness of Elon Musk to the streets of San Francisco. The viral stunt, orchestrated by the Palo Alto-based Node Foundation, serves as a teaser for the artist's upcoming mid-career survey, "INFINITE_LOOP," which opens on April 18. The robot, part of the "Regular Animals" series, interacts with the public by "pooping" printed images generated from its surroundings through an algorithm based on Musk’s visage.

Artist Michelangelo Pistoletto sends message of 'preventive peace' on digital billboards around the world

Italian Arte Povera pioneer Michelangelo Pistoletto has launched a global public art project titled "Three Mirrors," broadcasting digital works across major cities including London, Los Angeles, Seoul, and Milan. Organized by the digital art platform Circa, the series features three filmed performances of the artist drawing on mirrors, illustrating his "Third Paradise" philosophy. The works appear daily at 20:26 local time on prominent advertising screens, transforming commercial spaces into sites for artistic reflection.

dali museum st petersburg expansion 2028

The Dalí Museum in St. Petersburg, Florida, has announced a $65 million expansion project set to break ground in 2026. The 35,000-square-foot addition, designed by the Beck Group, will feature flexible gallery spaces for immersive digital art experiences, a dedicated K-12 learning center, and community-focused programming areas. The project, titled "Reveal," aims to modernize the institution's infrastructure while reinterpreting the architectural language of its existing 2011 building.

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.

beeple pooping robot dogs at art basel miami beach

At Art Basel Miami Beach, digital artist Beeple (Mike Winkelmann) debuted a new installation titled "Regular Animals" in the fair's Zero10 digital art section. The work features a pen of robot dogs fitted with lifelike heads of Elon Musk, Mark Zuckerberg, Pablo Picasso, Andy Warhol, Jeff Bezos, and Beeple himself. The robots wander, twitch, and periodically tip backward to eject printed images from their backsides, satirizing the algorithmic nature of digital platforms. The installation drew large crowds, with visitors like Courtney Karnez describing it as a "guilty pleasure" and a communal spectacle. By the end of the first VIP day, all editions of the robots had sold for $100,000 each.

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.

who was joan shogren computer art

Joan Shogren, a chemistry graduate from San José State University (SJSU) in the early 1950s, created some of the world's first computer-generated art in 1963 while working as a secretary in the chemistry department. Collaborating with graduate student Jim Larson and assistant professor Ralph Fessenden, she developed a theory that computers could create art if given "rules" of proportion, balance, and center of interest. Fessenden translated her "laws of art" into code on an IBM 1620 computer, producing artworks that were printed as number arrays and later hand-colored by artist Marvin Coon. Shogren exhibited these works in May 1963 at the campus bookstore, recognized as the first public display of computer art. Two decades later, she was commissioned by software company T/Maker to create the first clip art, "ClickArt," released in 1984 for Macintosh computers, designed pixel by pixel.

Weekly News Roundup: May 22, 2026

This weekly roundup from ArtAsiaPacific covers four major developments in the art and architecture world. Chinese architects Wang Shu and Lu Wenyu have announced the theme for the 2027 Venice Architecture Biennale, titled “Do Architecture – For the Possibility of Coexistence Facing a Real Reality,” emphasizing hands-on, context-driven design. The 2026 Sovereign Asian Art Prize winners were revealed, with Balinese artist Citra Sasmita winning the Grand Prize for her work "Poetry of the Fountain" (2025). Dubai announced plans for the Museum of Digital Art (MODA), a new institution dedicated to new media and immersive technologies, as part of a major district expansion. Finally, the Asian Cultural Council (ACC) named 70 grantees for its 2026 cycle, awarding over USD 1.6 million to support cultural exchange between the US and Asia.

Trevor Paglen Will Curate Art Basel’s ‘Zero 10’ Digital Initiative

Trevor Paglen, an artist and geographer known for exploring surveillance technology, has been named curator of the third edition of Art Basel's 'Zero 10' digital art initiative, set to debut at Art Basel in Switzerland. He will co-curate the program with digital art strategist Eli Scheinman, featuring twenty exhibitors under the theme 'The Condition,' which examines life saturated by digital media and AI. The presentation will include works such as Hito Steyerl's 'Green Screen' (2023) and pieces by pioneering digital artist Vera Molnar.

I Turned My TV Into a Rotating Art Gallery Using Free Museum Downloads

The article provides a guide on how to turn a TV into a rotating art gallery by downloading high-resolution, public-domain images from museum digital collections. It explains the need to filter for Open Access works to avoid copyright issues and recommends several museums with extensive free collections, including the Art Institute of Chicago and the Getty Museum.

Yu-Chi Lyra Kuo Shares a Vision for the Future of Art, Technology, and Creativity

Yu-Chi Lyra Kuo, an entrepreneur, investor, Harvard-educated lawyer, former Princeton academic, and board member of the Shed, shares her vision for integrating frontier technologies like artificial intelligence and robotics into the art world. She argues that these tools can enhance human creativity rather than replace it, drawing on her early experiences with Asian antiquities and her pioneering work in blockchain, including co-founding OpenSea 2.0. The article, based on an interview with CULTURED, traces her journey from collecting a jade gourd as a child to advising tech companies and joining the board of the Shed, a Bloomberg-backed cultural center in Hudson Yards.

It’s not all movies: LA’s art, museums and exhibitions are world class

Los Angeles is expanding its cultural offerings with several new and renovated art institutions. The Museum of AI Arts, called Dataland, is set to open this spring at the Grand L.A. complex, created by artist Refik Anadol. It claims to be the world's first museum dedicated to AI art, featuring immersive installations like an Infinity Room with AI-generated scents. Meanwhile, the Natural History Museum completed a $75 million renovation in 2024, adding a 60,000-square-foot wing and displaying a unique green-boned dinosaur named Gnatalie, along with Barbara Carrasco's previously censored mural. The Los Angeles County Museum of Art is opening the David Geffen Galleries on May 4, a 110,000-square-foot space for its permanent collection.

Anna Ridler x Sofia Crespo win the Artist of the Year at ABS Digital Art Prize 2025.

Anna Ridler and Sofia Crespo have won the Artist of the Year award at the ABS Digital Art Prize 2025, recognizing their collaborative work combining analog photography and AI to explore nature and technology. The Emerging Artist of the Year category, introduced this year, was awarded to Cezar Mocan for his artwork "World Upstream," a real-time simulation that intersects contemporary art, game design, and media theory. The prize, established by Arab Bank Switzerland, received over 120 applications from 38 countries for the emerging category, and winners receive networking opportunities and a solo show or exhibition at a cultural institution within 12 months.

[Interview] Scenes of Memory and Modern Life: Sun Yitian x Samsung Art Store

Chinese artist Sun Yitian has partnered with the Samsung Art Store to feature her large-scale painting "Ken" (2023) as part of the Art Basel Hong Kong 2026 digital collection. The work, which depicts Barbie’s male counterpart at a massive three-meter scale, explores themes of mass production, the male gaze, and the hollow nature of modern plastic icons. The collaboration marks a bridge between Sun's physical painterly practice and the digital accessibility of contemporary art on domestic screens.