First Artwork by Humanoid Robot Sells for $1.3m

Ultra-realistic AI robot Ai-Da is designed to resemble a human woman with a face, large eyes and a brown wig. Ben Stansall / AFP/File
Ultra-realistic AI robot Ai-Da is designed to resemble a human woman with a face, large eyes and a brown wig. Ben Stansall / AFP/File
TT

First Artwork by Humanoid Robot Sells for $1.3m

Ultra-realistic AI robot Ai-Da is designed to resemble a human woman with a face, large eyes and a brown wig. Ben Stansall / AFP/File
Ultra-realistic AI robot Ai-Da is designed to resemble a human woman with a face, large eyes and a brown wig. Ben Stansall / AFP/File

A portrait of English mathematician Alan Turing became the first artwork by a humanoid robot to be sold at auction, fetching $1,320,000 on Thursday.
The 2.2 meter (7.5 feet) portrait by "Ai-Da", the world's first ultra-realistic robot artist, smashed pre-sale expectations of $180,000 when it went under the hammer at London auction house Sotheby's Digital Art Sale, said AFP.
"Today's record-breaking sale price for the first artwork by a humanoid robot artist to go up for auction marks a moment in the history of modern and contemporary art and reflects the growing intersection between A.I. technology and the global art market," said the auction house.
The ultra-realistic robot, one of the most advanced in the world, is designed to resemble a human woman with a face, large eyes and a brown wig.
Ai-Da is named after Ada Lovelace, the world's first computer programmer and was devised by Aidan Meller, a specialist in modern and contemporary art.
"The greatest artists in history grappled with their period of time, and both celebrated and questioned society's shifts," said Meller.
“Ai-Da Robot as technology, is the perfect artist today to discuss the current developments with technology and its unfolding legacy," he added.
Ai-Da generates ideas through conversations with members of the studio, and suggests creating an image of Turing during a discussion about "A.I. for good".
The robot was then asked what style, color, content, tone and texture to use, before using cameras in its eyes to look at a picture of Turing and create the painting.
Meller led the team that created Ai-Da with artificial intelligence specialists at the universities of Oxford and Birmingham in England.
Meller said Turing, who made his name as a World War II codebreaker, mathematician and early computer scientist, had raised concerns about the use of AI in the 1950s.
The artwork's "muted tones and broken facial planes" seemingly suggested "the struggles Turing warned we will face when it comes to managing AI", he said.
Ai-Da's works were "ethereal and haunting" and "continue to question where the power of AI will take us, and the global race to harness its power", he added.



Dell Forecasts Downbeat Fourth-Quarter Revenue on PC Weakness

The logo of Dell Technologies at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. (Reuters)
The logo of Dell Technologies at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. (Reuters)
TT

Dell Forecasts Downbeat Fourth-Quarter Revenue on PC Weakness

The logo of Dell Technologies at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. (Reuters)
The logo of Dell Technologies at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. (Reuters)

Dell forecast fourth-quarter revenue below Wall Street expectations on Tuesday, weighed down by weaker demand for its traditional PCs and competition from rival server makers, sending its shares down more than 10% in extended trading.

Despite booming demand for the company's AI-optimized servers used to handle large artificial intelligence workloads, Dell's PC segment has been grappling with stiff competition from rivals and weak consumer spending amid an uncertain economy.

Enterprise customers are being mindful of their PC and IT spending in the short term, Dell executives said on a post-earnings conference call, adding that the company's consumer business was weaker than expected.

Dell forecast fourth-quarter revenue between $24 billion and $25 billion. The average analyst estimate is $25.57 billion, according to data compiled by LSEG.

"The entire PC market is in a transition period and moving towards on-device AI functionality which still isn't that defined and is expected to solidify in 2025," Gadjo Sevilla, senior analyst for AI and Tech at Emarketer, said.

Revenue from Dell's client solutions group, which houses its PC business, came in at $12.13 billion, below expectations of $12.43 billion.

Rival PC maker HP also provided a weak first-quarter profit forecast, while electronics retailer Best Buy trimmed its annual forecasts against the backdrop of weak consumer electronics demand.

Investors are also keenly eyeing Dell's costs after the company flagged in May that higher expenses to build AI-heavy servers and competitive pricing would hurt its margins.

"Interest in our portfolio is at an all-time high, driving record AI server orders demand of $3.6 billion in Q3 and a pipeline that grew more than 50%," Dell's Chief Operating Officer Jeff Clarke said on Tuesday.

Revenue from the company's infrastructure solutions group unit, which houses its AI servers business, rose 34% to $11.37 billion and beat estimates.

Dell reported revenue of $24.37 billion in the third quarter, missing estimates of $24.67 billion.