on Artmarket.com (EPA:PRC)
Artmarket.com aims for AI-powered innovation by 2025
Artmarket.com has announced a 36% revenue growth in the second quarter of 2025 compared to 2024. The company plans to redefine the art market with the introduction of a mixed Artprice-Perplexity subscription for the second half of 2025. This collaboration emphasizes artificial intelligence (AI), in line with Tim Cook's comments placing AI as a key enabler.
Their progress comes with a regulatory change that doesn't affect current sales but facilitates the integration of Perplexity's developers. This technological alliance is based on a robust data infrastructure, enriched by a partnership with 7,200 auction houses, aiming for "Innovative Company" recognition by the BPI.
The strategy includes premium offerings aligned with a sophisticated clientele and emphasizes contextual and prompt engineering for in-depth AI analysis. Artprice anticipates substantial revenue potential from these innovations.
R. E.
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