Artwork produced using artificial intelligence auctioned for $432,500 The Express Tribune

Three French students made history after an artwork they generated using artificial intelligence sold for $432,500 at a Christie's auction in New York, CNN reported. The piece called "Edmond de Balemy" betrayed estimations of $7,000-10,000 and sold at the staggering six-figure price. "Christie's continually stays attuned to changes in the art market and how technology can impact the creation and consumption of art," Richard Lloyd, international head of prints and multiples at Christie's, said in a statement before the auction. Pakistani artist's work auctioned for Rs34 million in London "AI has already been incorporated as a tool by contemporary artists and as this technology further develops, we are excited to participate in these continued conversations. To best engage in the dialogue, we are offering a public platform to exhibit an artwork that has entirely been realised by an algorithm."