A portrait created by artificial intelligence fetched $432,500 at Christie’s in New York on Thursday, the first time a computer-generated artwork was offered by a major auction house. Bloomberg reports: The print on canvas, titled “Edmond de Belamy, from La Famille de Belamy,” depicts a blurry and unfinished image of a man. Displayed in a gilded wooden frame, it was estimated to fetch $7,000 to $10,000 and offered as the final lot at Christie’s auction of prints and multiples. The work was the brainchild of Obvious Art, a Paris-based collective, with help from an algorithm known as GAN (Generative Adversarial Network). “We fed the system with a data set of 15,000 portraits painted between the 14th century to the 20th,” collective member Hugo Caselles-Dupre told Christie’s. The piece sparked a bidding war among five parties that lasted about seven minutes, with an anonymous phone buyer prevailing, said Christie’s spokeswoman Jennifer Cuminale.

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Source: Slashdot – AI-Generated Portrait Sells For Nearly Half a Million In Auction