Innovative Art Market Database: Artprice Dominates the Digital Art Market

The world of databases in the art market is experiencing a small revolution: Artprice, known as a leading provider of art market data, is setting new standards in information management with its in-house Artificial Intelligence, Intuitive Artmarket® AI. Inspired by the concepts of art history and mathematics from visionaries like Marcel Duchamp and Henri Poincaré, science and art merge here into a remarkable knowledge port. The use of state-of-the-art technologies makes it possible not only to collect historical auction data but also to predict complex market developments. Particular focus is placed on stabilizing the "alignment problem," a central element for the success of the Intuitive Artmarket® AI. This guarantees Artprice's clients – including auction houses, insurers, and art collectors – the reliability and accuracy of the data provided. The comprehensive database offers information on 30 million auction results and over 700,000 artists worldwide and is considered an indispensable tool by 86% of art market professionals. An exciting side effect of this technological pioneering work: Artprice is successfully testing new AI search engines, including Perplexity.ai, which are considered leaders in the industry. These not only operate more efficiently but also revolutionize the user experience through the use of generative AI. Industry insiders, including Jensen Huang, CEO of NVIDIA, praise Perplexity.ai for its superior performance and accuracy. However, these developments raise the question of whether traditional search engines could soon become outdated. The introduction of AI and the involvement in crypto-based markets such as NFTs further establish Artprice as a pioneer in the digital art market. By incorporating Bitcoin and Ethereum into its databases, Artprice meets the demand of a new generation of collectors and art enthusiasts who are closely connected with the crypto community. These innovations allow Artprice to shine and maintain its position as a world leader in art market data and analysis.