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London's historic art scene is getting a tech upgrade
  + stars: | 2024-11-23 | by ( ) www.cnbc.com   time to read: +1 min
The United Kingdom's historic art scene has embraced technology such as artificial intelligence, as it evolves to compete with growing markets such as China. While the United States and China hold the number one and two spots respectively, the U.K.'s contribution to the art market is nothing to be sniffed at – holding 17% of the global share, according to the Art Basel and UBS Art Market Report. London is widely regarded as the art hub of Europe, and its biggest art fair, Frieze, boasted 90,000 visitors in 2024. Within the art world, it's been sort of bubbling away, burning away for a while, and it's suddenly caught fire," said Henry Highley, Head of European Private Sales for Phillips. Watch the video above for an up-close look at some of the art breaking barriers on London's art scene.
Persons: Eva Langret, it's, Langret, Marie Antoinette's, Phillips, Henry Highley Organizations: Art Basel, UBS Art, Frieze, CNBC's, European Locations: China, United States, Europe, Frieze London
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