Technology
France concludes global AI Action Summit, aims to become 3rd AI power after US and China; Artprice by Artmarket unveils 2025-2029 Strategic Plan and emerges as leader in AI art market intelligence with Intuitive Artmarket® AI
Published
2 years agoon
By
PARIS, Feb. 12, 2025 /PRNewswire/ — As France recently hosted the Global AI Action Summit, Artprice by Artmarket – world leader in art market data for 28 years – has unveiled its 2025-2029 strategic roadmap and the first concrete successes of its Intuitive Artmarket® AI, consolidating its position as the global leader in AI-driven art market intelligence. Artprice by Artmarket.com est cotée sur le marché réglementé Euronext Paris.
On February 10 and 11, 2025, France received nearly 100 countries as part of the Global Summit for Action on Artificial Intelligence – “AI Action Summit” – using its fabulous Grand Palais to host heads of state and government, leaders of international organizations, small and large businesses, academics, researchers, non-governmental organizations, artists and various other representatives of civil society.
The summit was part of a broader AI Action Week starting February 6, featuring key events such as Scientific conferences on February 6–7 at École Polytechnique and a cultural weekend on February 8–9 organized by the French Ministry of Culture under Minister Rachida Dati, which included Artprice and its founder-CEO, thierry Ehrmann.
According to Rachida Dati, Minister of Culture: “The Cultural Weekend program, designed by the Ministry of Culture, aims to highlight, to as wide an audience as possible, the opportunities that artificial intelligence offers to creators. However, while we hope to make a veritable contribution to a new era of creativity, we need to keep a sharp focus on the challenges and risks that the cultural sectors face today.”
Echoing this, Artprice, in its capacity as the World Leader in Art Market Information, previewed exclusive figures from its upcoming 30th Annual Art Market Report, produced in partnership with China’s Artron Research Academy of Arts.
This landmark report – eagerly anticipated by the global art world in March of each year – is distributed in 122 countries and 11 languages through Artprice’s 26-year partnership with Cision PR Newswire. This year’s edition highlights France as Europe’s leading art market by auction turnover, the world’s second market in terms of art auction transaction volumes, and the world’s fourth largest by total auction turnover (after the United States, China and the UK).
The AI summit provided France with a platform to showcase its AI expertise and the vibrancy of its business and research ecosystems, and to launch a new phase of its national AI strategy.
To this end, Clara Chappaz, Secretary of State for Artificial Intelligence and Digital Technology and the official host for this summit in the government of François Bayrou, identified three objectives: societal & cultural, economic and diplomatic.
In an interview in Les Échos on the eve of the summit, Clara Chappaz addressed a number of key issues: “At the White House in Washington on 21 January 2025, the United States – through the voice of President Donald Trump accompanied by Larry Ellison, co-founder of Oracle, Masayoshi Son, CEO of SoftBank, and Sam Altman, CEO of OpenAI – announced Stargate, a $500 billion AI plan, while China now has DeepSeek, a very efficient and low-cost model.
Where does Europe stand in this field? AI is an opportunity for Europe. The Draghi report, released last September, was incisive. It showed that Europe has reacted. I am not waiting for a European surge, it has happened. The European Commission’s recent Competitiveness Compass clearly prioritizes innovation. We’re in the race, we but must stay there.
Is there a surge in large groups, which are key in the adoption and diffusion of AI? During the summit, which will take place at the Grand Palais, the world’s largest companies and the world’s largest AI start-ups will come together. This has never happened before. This shows that everyone is around the same table and that silos are being broken down.”
Anne Bouverot, an AI expert, engineer, and special envoy of French President Emmanuel Macron, played a central role in preparing the AI Action Summit. She oversaw work on five main themes: AI for public interest, the future of work, innovation ecosystems, AI safety, and global AI governance. She also coordinates international efforts to establish open, democratic AI governance and founded the Abeona Foundation to promote responsible AI. She co-chairs the Paris-based AI & Society Institute.
Indeed, on February 9, during his special speech on France 2, President Emmanuel Macron declared that he wanted to make France a powerhouse of artificial intelligence, announcing 109 billion euros of investments in Artificial Intelligence in France by groups like MGX, BlackRock, Brookfield, Amazon, Microsoft, Fluidstack, Data4, Equinix, Digital Realty, Prologis, Evroc, Sesterce, Opcore, Mistral, BPI France, Infravia and Scaleway.
At the end of the Summit for Action on AI in Paris, co-chaired with India in the presence of its Prime Minister Narendra Modi, it was clear that President Macron wants to see France become “number 3 in the world”, behind the United States and China. The summit brought together nearly 100 countries, leaders of international organizations, researchers and representatives of civil society to define the foundations of global AI governance.
Among them were: United Nations Secretary-General António Guterres; U.S. Vice President J.D. Vance, who made a career in Silicon Valley; Chinese Vice Premier Ding Xuexiang; European Commission President Ursula von der Leyen; the German Chancellor, Olaf Scholz as well as the President of the United Arab Emirates, Mohamed Bin Zayed Al-Nahyan.
This summit was also attended by representatives of international organizations such as Ngozi Okonjo-Iweala, Director General of the WTO; Mathias Corman, Secretary General of the OECD; Fatih Birol, Director of the International Energy Agency; Moussa Faki, Chairperson of the African Union Commission; as well as numerous tech company executives such as Sam Altman, CEO of OpenAI; Google CEO Sundar Pichai; Arthur Mensch, CEO of Mistral AI; Xavier Niel, Founder of the Iliad group; Demis Hassabis, Director of Google DeepMind; Brad Smith, President of Microsoft.
There were also many scientists and experts like Yann Le Cun, AI pioneer and Scientific Director at Meta; Joëlle Barral, Researcher at Google DeepMind; Michael Jordan, Professor at the University of Berkeley, and, Nobel Prize winners like Geoffrey Hinton, considered one of the “fathers” of modern AI; journalist and Nobel Peace Laureate, Maria Ressa, and economist, Joseph Stiglitz.
A steering committee bringing together representatives from around thirty countries and international institutions as well as representatives from academia, businesses and civil society met five times to prepare the discussions for this Summit.
France plans to train 40,000 to 100,000 researchers by 2030 and build 35 data centers (including a €30–50 billion UAE-funded facility). It also plans to establish a Franco-European regulatory framework for AI.
Brookfield announced a €20 billion investment in French data centers, including a 1-gigawatt facility in Cambrai. This investment mainly targets the development of data centers, essential for training AI, as well as associated infrastructure, such as energy production. Among the major projects, a mega-data center will be built in Cambrai, in the north of France, with a maximum power of 1 gigawatt.
According to an official French government source, France is Europe’s top destination for foreign AI investments.
At the end of the summit, the creation of an observatory of the energy impact of artificial intelligence, led by the International Energy Agency (IEA), was formalized as well as a coalition for sustainable AI, which intends to bring together the main companies in the sector.
Artprice by Artmarket reached a new milestone on January 9, 2025, with the success of its Intuitive Artmarket® AI and is now the world leader in AI for Art Market information
At the end of 2024, Artprice by Artmarket gave its high-end subscribers access to data learned by its Intuitive Artmarket® AI and its algorithms.
On January 9, 2025, Artprice by Artmarket consolidated its position as the global leader in AI-driven art market intelligence with the successful roll-out of its Intuitive Artmarket® AI. Today, with one month of hindsight, we already see that these subscriptions have become the preferred annual subscriptions in our high-end offer.
This spectacular development demonstrates that the 9.3 million customers and members of Artprice by Artmarket have accepted the advent of AI culture into the heart of our databases and are moving towards premium subscriptions that include Intuitive Artmarket® AI, with a corresponding impact on the growth of our recurring revenue (ARR). Over the coming years, Artprice will increase its research and results to a level never before reached in the art market for its clients and members, offering a whole range of new services and products.
Artprice was particularly interested in a DOMO Inc. study, (figures from which were published by Les Échos/Solutions ). DOMO uses an important index that scores the ability of a company to integrate AI into its processes. This index measures the processing of data/second per employee.
The average is a generation of 1.7 MB of data/second.
Following an IT audit by Mazars, Artprice by Artmarket was able to see for itself that each of its employees generates 35MB/second, i.e. 21 times more than the European average, which is perfectly consistent with Artprice’s Core Business as a major global publisher of professional databases and proprietary algorithms and world leader in information on the Art Market.
Artprice monitors the attitudes and policies of the Big Five Audit & Consulting firms towards AI. Clearly AI is ‘the major subject’. For example, Accenture and NVIDIA announcing an alliance under the name Accenture NVIDIA Business Group, to bring companies into the AI era.
Arnaud Naudan, President of BDO France reacted on Ecorama: “One of the two major challenges for our clients is artificial intelligence”. Deloitte, the leading Big 5 Auditor, created AI Institute “to bring together the brightest minds in the field of AI”. For KPMG: “Three quarters of French CEOs consider that their management team is aware of the benefits of Generative Artificial Intelligence to strengthen the competitiveness of their companies (CEO Outlook Study).
This cultural revolution is introducing a whole new vocabulary to the commercial world. But the processes and tools that make up AI are already scientifically at the very core of Artprice by Artmarket. Via this new vocabulary, Artprice’s clients and partners are discovering the unexplored riches of Artprice and the extraordinary depth of data that corresponds exactly to their needs.
In addition, Artprice by Artmarket has twice consecutively obtained the state label “Innovative Company” (a rare occurrence for companies listed on a regulated market), awarded by the Banque Publique d’Investissement (BPI) and it is pursuing its ambitions in this direction.
Artprice by Artmarket.com, drawing on the experience of its parent company Groupe Serveur – a pioneer of the Internet in Europe, legal databases, and the first computer-generated images since 1987 – has developed over these decades thousands of increasingly powerful and relevant proprietary algorithms with more than 180 data banks which allow it to set up its own Intuitive Artmarket® AI, in strict compliance with various countries’ legislations, particularly those regarding PDP and IP.
This was only possible through the targeted acquisition in 1999 by Groupe Server, then by Artprice, of innovative companies such as Xylogic, a Swiss company composed exclusively of top scientists (from CERN, WHO, etc.) who were considerably ahead of their time and who already pre-figured the solid beginnings and fundamentals of artificial intelligence (see Artmarket.com’s AMF reference document).
In the cozy world of large global publishers of professional databases that Artprice belongs to, it is vital for the long-term development of industries to integrate proprietary AI into core businesses. This is why Artprice by Armarket has taken a very significant lead since 1999 and made 2025/2029 the key period for the commercial launch of its a proprietary algorithmic AI, Intuitive Artmarket®.
According to thierry Ehrmann, Founder of Artprice and CEO of Artmarket.com (official certified Who’s Who In France biography: https://imgpublic.artprice.com/img/wp/sites/11/2024/02/2024_Biographie_thierry_Ehrmann_WhosWhoInFrance.pdf )
“By exploiting its hundreds of millions of anonymized proprietary logs, texts and tens of millions of artworks in its databases, Artprice by Artmarket algorithms are capable of identifying all the language used to describe the initial approach of an artist, his universe, his inspirations, the mediums used, his themes, his forms and volumes, etc.”
This precious data allows users to get closer to the 861,000 referenced artists with their biographies and certified data, beyond the classic academic visual criteria, thanks to the neural networks of the Intuitive Artmarket® AI.
Our Intuitive Artmarket ® AI can already calculate reliable price information and explore the traceability of an artwork, examining its auction results over time, using the repeated sales method that is specific to Artprice; but it is also capable of anticipating future value fluctuations of unique works.
It can also detect transversal artistic trends of extreme complexity which largely escape the academic, institutional, university and commercial worlds.
In this respect, an in-depth ‘spontaneous awareness’ study was prepared to measure the precise footprint Artprice has in the world of Art and Art History.
The study was conducted during the CIHA Lyon 2024, France – 36th world congress devoted to research in Art History with more than 70 countries and 1000 speakers, where Artprice was a committed patron of these Art History Olympiads which have been held every 4 years in a major city of the world since 1873.
In the study, Artprice ranks as the ‘top-of-mind’ database on the Art Market.
After several months of preparation, Artprice by Artmarket was able to be present during the entire congress, participating in conferences, ensuring a presence at the CIHA book fair and hosting a special evening event at its world headquarters located in the heart of its Organe Museum of Contemporary Art, the entity which manages the “Abode of Chaos” (dixit the New York Times).
In addition to ‘spontaneous awareness’, Artprice also tried to determine the level of ‘qualified awareness’.
This very qualitative study benefited from two exceptional factors: on the one hand, by physically questioning conference attendees from 70 countries, it avoided online or telephone questionnaires, the relevance of which is sometimes unreliable and cannot be truly verified. On the other hand, Artprice was able to interact directly with the registered and certified congress and conference attendees, taking note of their professions, specialties, positions, titles, diplomas, and institutions or universities.
We asked the following question: “Which databases on the Art Market do you know?”
Out of 378 delegates questioned, 325 cited Artprice first, i.e. 86%, clearly placing Artprice as the ‘top-of-mind’ art market database.
‘Top-of-mind’ awareness is the percentage of people whose first response identifies a particular brand, product, or service. It is both a spontaneous response and the first of their responses.
To return to the Intuitive Artmarket ® AI algorithms, they can help art galleries and auction houses set optimal prices for artworks based on various factors such as demand, rarity, and of course the notoriety of the artist concerned. In short, Intuitive Artmarket ® artificial intelligence offers significant potential to revolutionize the art market by improving access to information, personalizing the buyer experience, fighting counterfeiting and opening new creative perspectives.
The Intuitive Artmarket® AI works exclusively on an almost infinite scope of proprietary content, and is therefore protected under IP law, which gives users freedom from potential copyright obstacles and prohibitions. Intuitive Artmarket® AI therefore has no need to look elsewhere for data and/or responses to very specific requests from art market users.
This not only guarantees its sustainability, but also guarantees a considerable increase in Artprice by Artmarket.com revenue over time, via a growing volume of added-value subscriptions.
thierry Ehrmann, CEO of Artprice by Artmarket :
“Over the last two decades Artprice has been recording, observing and inducing hundreds of millions of anonymized human behaviors relating to the art market which, by nature, is infinitely complex because artworks are all different, all singular, and abstract notions of beauty depend on human emotion.”.
This reinforced algorithmic learning has allowed Artprice to create an unique AI model specific to the art market that will constitute the 2025/2029 growth driver for Artprice by Artmarket.
No less than 95% of companies in the S&P 500 plan to build their growth on Artificial Intelligence.
According to the top Anglo-Saxon financial analysts – who are one step ahead of Europe on this subject – the only economically viable model that does not expose the company (whatever its size) to constant legal attacks is an AI based on an extremely well-defined economic segment.
The economic segment of AI is based on five pillars that all relate to the history of IT: Big Data, Deep learning, Data Mining, Proprietary Algorithms, and, of course, a Core Business based on the sale of ultra-qualified information, with standardization of data for all processes.
The information produced by Artprice by Artmarket plays a vital role and the company has full intellectual property rights over all of these five pillars, with copyright and related rights confirmed over all algorithms, databases, Big Data, machine learning (deep learning) and neural networks.
In sum, the AIs that will triumph with a very significant economic gain, without industrial or legal risk, are those created by economic entities that own, in full intellectual property, all the different stages of the proprietary AI in a defined market segment where high added value information, with a high cost, is vital. And this is exactly the case of the Intuitive Artmarket ® AI developed by Artprice by Artmarket.com, World Leader in Art Market information.
In the 2025-2029 master plan, Artprice by Artmarket has planned the creation of approximately 20 specific AIs which each represent the sum of the knowledge of each Artprice department. These are Econometrics & Statistics for Art Market Indices, Artist Biographies, Documentary Collections of Manuscripts & Catalogs, Databases, Editorial, Intranet Auctioneers, ArtMarketInsight press agency, Annual Art Market Reports, IT, SGE (Search Generative Experience), Data Analyst & Scientist, R&D, Marketing, Customer Service, Multi-users & Major accounts, Standardized Marketplace, Artist & Creative Entities Communications department , Institutional & Financial Communication, Legal, Financial and Management… in other words, an AI potentially specific to each department.
One of Artprice’s key approaches to AI was to avoid fuzzy set theory, also known as ‘fuzzy logic’, which is a method based on ‘degrees of truth’ rather than the usual Boolean logic system based on 0 or 1. This amounts to searching, in Boolean logic, for unknown but nonetheless indisputable underlying elements.
Artprice has developed, among other things, a unique approach to its Intuitive Artmarket® AI which it calls Blind Spot AI®. This revolutionary AI concept, created by Artprice, searches the blind spots between structured data.
In Art History, our Blind Spot AI® would be the equivalent to Marcel Duchamp’s infrathin concept, which is an aesthetic and scientific notion designating an imperceptible difference or interval, sometimes only imaginable but very real, between two identified phenomena.
This Duchampian theory came from work with the famous mathematician Henri Poincaré, author of Science and Hypothesis, a work on the importance of using models in science. It is plausible that this work inspired Einstein for his thinking which led to the founding article of the theory of special relativity, published in 1905.
Indeed, among the major global publishers of databases, we are fully conscious that there is no room for mistakes as the relationship of trust established with users cannot tolerate approximate or erroneous data.
Artprice is demonstrating that it is possible to produce unexplored data with its proprietary AI and its Blind Spot AI ® process, without undermining the trust that has, for 27 years, been based on indisputable, reliable, exhaustive and long-lasting data, essential to Artprice’s clients, namely Experts, Auctioneers / Auction Houses, Art Dealers, Gallerists, Institutions, Museums, Insurance Companies, Private Bankers, Banks, Asset Managers and Collectors.
Considering the sometimes very high financial values of artworks, we are perfectly aware that our loyal and recurring Artprice clientele will not tolerate the slightest error.
In its beta test at the end of 2024, Artprice by Artmarket provided proof that having stabilized the question of alignment (the ‘alignment’ problem) in a decade – which is essential for the successful completion of the genesis and then the construction of its Intuitive Artmarket® AI – the high added value data produced by its Intuitive Artmarket® AI respects the ethics, values, expectations and human sensitivities that are specific to the Artprice by Artmarket group, its clients and to the intangible and centuries-old rules of the art market.
During 2025, Artprice, with its AIDB Search Artist® will allow its 9.3 million customers and members to search for an artwork via a paid service, based on a photograph of the work, (similar to Google Lens), to find the same or similar works on Artprice, with the artist’s data.
Our proprietary Artprice AI application, AIDB Search Artist®, is the result of seven years of development, taking into account the 210 million images or engravings of works of art (with a hard core of 18 million tokenized images) from 1700 to the present day from the largest collection in the world of physical manuscripts and art market sales catalogs, a veritable ‘Library of Alexandria‘, that belongs to Artprice by Artmarket and has been annotated and analyzed by our historians and experts.
Artprice’s AIDB Search Artist® AI application could only be designed by having full control over all the processes and copyrights, with manual learning, in the early years, by Artprice specialists to train a deep-learning application, allowing research on an artwork, which no other specialized company has succeeded in achieving to date.
In fact, the thirty companies that were confronted with this exercise limited it to their non-exhaustive content where the references rarely exceeded 20,000 artists, whereas Artprice lists 861,000. Furthermore, in many cases, the reproduction rights of the artists were not honored.
In the context of Intellectual Property, artists’ rights are frequently absent from AI and are often victims of copyright violations. That is why Artprice pays for the reproduction rights of the artists it references through 54 copyright societies in different countries.
A fourth AI tool will be based on the recognition and expertise of the signatures and monograms of artists from the 4th century to the present day: AIDB signatures & monograms® by Artprice.
It has been trained using the three largest global databases of signatures and monograms, acquired by Artprice over the past 28 years: Caplan & Creps (USA), Sound View Press (USA), Editions Van Wilder (Europe), Enrique Mayer (Switzerland) [see Artmarket.com reference document].
Artprice by Artmarket has fully approved the technological concept and resulting legal solution of NVIDIA’s Project DIGITS.
Indeed, this compact and energy-efficient box format represents a genuine revolution. It will allow Artprice to equip all of its employees with Project DIGITS boxes within the framework of production, knowledge and expertise. Everything will be connected exclusively to the Artprice by Artmarket’s Intranet via a DMZ network.
With Project DIGITS, users can develop and run inference on models using their own desktop system, then seamlessly deploy the models to exclusive Artprice-owned cloud or data center infrastructure.
According to Jensen Huang, founder and CEO of NVIDIA,”AI will be mainstream in every application for every industry. With Project DIGITS, the Grace Blackwell Superchip comes to millions of developers. Placing an AI supercomputer on the desks of every data scientist, AI researcher and student empowers them to engage and shape the age of AI.”
Likewise, all the data generated by Artprice’s numerous proprietary AIs will only be generated from these 180 proprietary data banks, which significantly limits the phenomenon of ‘hallucination’ specific to AI. Lastly, the control of methodological biases is much better managed, because all of the calculation and reflection chains will rely entirely on the Artprice databases and its global Intranet which has been connecting to its 7,200 partner Auction Houses for 28 years.
According to Artprice’s analysis, NVIDIA’s Project DIGITS is based on a singular innovation: the GB10 Grace Blackwell chip. The box using this chip provides a computing power reaching 1 petaflop, or the equivalent of 1000 operations per second in FP4 precision. Finally, its real strength remains in its ability to run AI models with up to 200 billion parameters – a performance that rises to 405 billion when two units are connected together.
The device comes with Linux-based NVIDIA DGX OS.
Artprice by Artmarket, since its inception, has developed all of its infrastructures and databases under Linux and therefore has perfect mastery of the Linux Kernel to integrate a Project DIGITS for each Artprice employee, whatever their function.
According to Artprice, this strategy can only be a winner. By individually offering this type of equipment with colossal power at a competitive price, NVIDIA meets Artprice’s specifications and thus confirms its position as the leader in accelerated computing.
Artprice by Artmarket monitors and analyzes all the main LLMs (Large Language Models), particularly those in Open Source.
Since its irruption in January 2025, Artprice has naturally analyzed Deepseek R1 in Open Source – an open weighted model of 671 billion parameters which performs comparably to OpenAI, but at a 90 to 95% lower cost by distilling 6 Llama and Qwen models.
Now continuing its work in this direction, DeepSeek has released DeepSeek-R1, which uses a combination of RL and supervised fine-tuning to handle complex reasoning tasks and match the performance of Open AI o1.
In testing, DeepSeek-R1 scored 79.8% on the AIME 2024 math tests and 97.3% on the MATH-500. It also scored 2,029 on Codeforces, better than 96.3% of human programmers. On the other hand, Open AI’s o1-1217 obtained 79.2%, 96.4% and 96.6% respectively on these tests. It also demonstrated strong general knowledge, with an accuracy of 90.8% on the MMLU, just behind o1’s 91.8%.
For Artprice by Artmarket, the heated and controversial debates surrounding Deepseek simply confirm the importance of Artprice’s work and analysis on the real measured needs for its Intuitive Artmarket® AI.
The decisive parameter that validated Deepseek’s impact was the ‘Black Monday’ on Wall Street on January 27, 2025, which saw over a $1 trillion withdrawn from American tech stocks. The Western world was largely surprised to discover the language models of this start-up, whose performances are comparable with those of American AI leaders (OpenAI, Anthropic, Meta), but at an infinitely lower cost to use.
On this ‘black day’ for the tech industry, one company fared better than the others: Apple. Its shares increased by 3.18%, even though the company is also concerned with generative artificial intelligence via its Apple Intelligence suite. One of the reasons for this resistance is that DeepSeek’s work validates several avenues chosen by Apple.
For the Artprice group, limiting the energy costs of AI is a reality that could inspire the world of large publishers of vertical data banks to which it belongs.
Apple Intelligence’s vision reinforces Artprice’s convictions
Our reasoning is similar to Apple Intelligence where Tim Cooks, Apple’s CEO, has perfectly understood that his clients are above all creators and artists who want to work on their own while avoiding regular plundering by third parties. At Artprice we have equipped employees in our Artistic Direction department with the M4 chips equipped with Apple’s Neural Engine while awaiting Apple’s AI Chip, developed with Broadcom, known for the time being as “Baltra”.
For Artprice, Elon Musk’s warning, echoing predictions of Ilya Sutskever, former scientific chief of OpenAI, who from 2022 warned of the imminence of a “peak data” moment, is a very concrete reality. This concept, borrowed from “peak oil” theory, suggests that the amount of quality data available for training AI, primarily from the web and online human activity, has peaked and is beginning to decline.
Artprice considers that Peak Data, Slop and the gradual destruction of free websites constitute a threat to the Internet ecosystem. Likewise, “autophagy”, where AI feeds on AI, can lead to a collapse of models, which produce responses that initially become less and less original and relevant, and then end up having no meaning, according to an article published at the end of July 2024, in the scientific journal Nature.
Concretely, with the use of this type of data called “synthetic data” (because it is generated by machines), the sample from which the AI models draw to provide their answers loses in richness.
The analysis by Eric Schmitt, former CEO of Google, validates Artprice’s economic model for AI.
In a conference at Stanford University, Eric Schmitt showed that he agrees with Artprice’s reasoning, where the virtuous economic model of AI can only be achieved through paid models, due to the simple fact that AI requires, for its training, high value-added data which is protected by copyright and other related rights. This has been Artprice’s Core Business for 28 years.
In addition, the former Google CEO indicates that the cash burn of AI development is so high that a company will need a paid economic model, since the data from the free Internet will be ‘exhausted’ by peak data.
About the EU AI Act and Intellectual Property regarding global AI
According to Perplexity AI, intellectual property case law related to AI is still evolving, but several key principles are emerging domestically and internationally.
The AI Act protects the rights of authors against the use of their works by generative AI systems through several key measures:
– Obligation of transparency: Generative AI providers must indicate whether the data used to train their models is protected by copyright. They must also provide a detailed summary of the protected works exploited, in accordance with Article 28 ter of the AI Act.
– Right of opposition (opt-out): Authors can refuse the use of their works for training AI by exercising their right of opposition. This mechanism is provided for by the 2019 European Copyright Directive and reinforced by the AI Act, although it remains difficult to apply in practice due to the lack of control over the actual uses of works online.
– Traceability and accountability: The AI Act imposes traceability requirements to ensure that AI developers inform users and rights-holders about the origin of the data used, allowing for better rights management and increased transparency.
– Legal framework: The regulation aims to balance innovation and protection of authors by establishing mechanisms such as collective management, which facilitates the consultation of authorizations and ensures fair remuneration to creators for the commercial use of their works.
These provisions aim to protect the rights of authors while encouraging ethical and transparent use of generative AI technologies.
According to Artprice, within the framework of Europe’s AI Act and the creation of an EU AI Office, each jurisdiction will face numerous new obligations within sometimes very short deadlines. In total, Artprice has identified 88 responsibilities at the national level that are regularly discussed in its Boards of Directors and its Internal Control meetings.
Lastly, during the recent AI Action Summit, President Emmanuel Macron stated “We will continue to defend copyright and similar rights. We will continue to preserve human creativity. AI will bring lots of revolutions, lots of things, but creativity remains human. AI is, first of all, a true technological and scientific revolution for progress and in the service of progress. This revolution must be conducted in the service of humanity, to improve lives.”
How is the explosion of artificial intelligence disrupting today’s world and particularly the art market? How to measure it in the face of the energy transition that is also a major issue?
For thierry Ehrmann, Founder of Artprice and CEO of Artmarket.com:
“We live in a world where computing power doubles every six months. Gordon Moore’s law, (Founder of Intel), which historically suggested that the number of transistors on a chip doubled every eighteen months at equal price, has been surpassed by new ‘scaling laws’. From now on, the acceleration of generative AI could be measured by a formula that I suggest as ‘token (digital asset) per Euro and per watt’, that is to say a new unit of measurement corresponding to the way in which AI processes a request for information, taking into account each euro spent and each watt actually consumed.
We are certain that it would be extremely dangerous for LLM publishers to ignore the carbon impact. It is simply excessive. Deepseek R1, but also in recent days a whole series of researchers from the Anglo-Saxon world, have all confirmed that it is possible to design LLMs with much more energy-frugal servers. It is strange that in the midst of the energy transition, this subject has been largely side-stepped.
We must remember with humility that the human brain’s language functioning is beginning to be well imitated by AI, while those of mathematics and geometry remain largely misunderstood.
Furthermore, seen as an integrated circuit, the human brain, from the scientific point of view, is to this day inimitable.
Even if we begin to understand its algorithms and reproduce them in very high capacity servers with several hundred billion parameters, we still cannot reproduce them with the same energy efficiency. Where the human brain weighs 1.4 kg and operates with only 30 watts, the AI giants in the USA are racing towards nuclear power plants and gigantic dams… Indeed, Microsoft is relaunching the Three Mile Island nuclear power plant in the state of Pennsylvania in the USA. Meanwhile, the human brain, with its capacity for imagination and creativity, remains unbeatable by the unit of measurement of AI which is the “token per Euro and per watt”.
According to thierry Ehrmann, Founder of Artprice & Groupe Serveur and CEO of Artmarket.com, the Group’s line of action for its AI is very simple:
“There cannot be artificial intelligence without human intelligence.” This notion underlines the importance that our group attaches to the interaction between human intelligence and artificial intelligence in the development of its own AI, called Intuitive Artmarket®. “This philosophy was firmly anchored in our group when we started the beginnings of AI in 1987 with shape recognition algorithms that were at the heart of the Lumière® stations (artificial computer-generated images) designed by Groupe Serveur and based on advanced techniques such as 3D rendering, light-matter simulation, vector modeling and raster mode.”
Analysis of Perplexity AI by Artprice and Groupe Serveur
All the dozens of subjects and studies of AI conducted over many years by Artprice, as well as the history of the development of its Intuitive Artmarket® AI, Blind Spot AI® as a revolutionary concept in AI, of which Artprice is the author, are available on: https://www.perplexity.ai/
Groupe Serveur, main shareholder of Artprice, which was at the origin of the first Linux search engine in France Netscan in the 1990s, considers, through its expertise of more than 38 years, that Perplexity AI has emerged as the best solution at this point in the artificial intelligence scene as a sophisticated search engine and chatbot. It is by combining these two roles that it facilitates a deep understanding of natural language.
Aravind Srinivas, Principal Founder and CEO of Perplexity, co-founded with Denis Yarats, Johnny Ho and Andy Konwinski have managed to make Perplexity AI a potential competitor for Google. In 2025, Deep Web researchers use it as their main working tool.
The initiative behind Perplexity AI motivated the development of a conversational engine that can answer various questions in real time. This gives it, according to Artprice and Groupe Serveur, an undeniable competitive advantage in the field of AI, by scrupulously respecting copyright and related rights when displaying its sources.
By investing in technical advances, Perplexity AI has built an architecture that uses modern neural approaches. This allows for better interpretation and management of complex language-related tasks. The community of search engine professionals such as SEO consultants, web SEOs and creative netlinkers who work with SE algorithms is predominantly in favor of Perplexity AI according to opinions collected by Artprice and Groupe Serveur in January 2025.
Copyright 1987-2025 thierry Ehrmann www.artprice.com – www.artmarket.com
Artprice’s econometrics department can answer all your questions relating to personalized statistics and analyses: econometrics@artprice.com
Find out more about our services with the artist in a free demonstration: https://artprice.com/demo
Our services: https://artprice.com/subscription
About Artmarket.com:
Artmarket.com is listed on Eurolist by Euronext Paris. The latest TPI analysis includes more than 18,000 individual shareholders excluding foreign shareholders, companies, banks, FCPs, UCITS: Euroclear: 7478 – Bloomberg: PRC – Reuters: ARTF.
Watch a video about Artmarket.com and its Artprice department: https://artprice.com/video
Artmarket and its Artprice department were founded in 1997 by thierry Ehrmann, the company’s CEO. They are controlled by Groupe Serveur (created in 1987). cf. the certified biography from Who’s Who In France©:
Artmarket is a global player in the Art Market with, among other structures, its Artprice department, world leader in the accumulation, management and exploitation of historical and current art market information (the original documentary archives, codex manuscripts, annotated books and auction catalogs acquired over the years) in databanks containing over 30 million indices and auction results, covering more than 863,000 artists.
Artprice Images® allows unlimited access to the largest art market image bank in the world with no less than 181 million digital images of photographs or engraved reproductions of artworks from 1700 to the present day, commented by our art historians.
Artmarket, with its Artprice department, constantly enriches its databases from 7,200 auction houses and continuously publishes art market trends for the main agencies and press titles in the world in 119 countries and 9 languages.
Artmarket.com makes available to its 9.3 million members (members log in) the advertisements posted by its Members, who now constitute the first global Standardized Marketplace® for buying and selling artworks at fixed or auction prices (auctions regulated by paragraphs 2 and 3 of Article L321.3 of France’s Commercial Code).
There is now a future for the Art Market with Artprice’s Intuitive Artmarket® AI.
Artmarket, with its Artprice department, has twice been awarded the State label “Innovative Company” by the French Public Investment Bank (BPI), which has supported the company in its project to consolidate its position as a global player in the art market.
Artprice by Artmarket publishes its 2024 Contemporary Art Market Report:
https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2024
See our 2023 Global Art Market Annual Report, published in March 2024 by Artprice by Artmarket: https://www.artprice.com/artprice-reports/the-art-market-in-2023
Summary of Artmarket press releases with its Artprice department: https://serveur.serveur.com/artmarket/press-release/en/
Follow all the Art Market news in real-time with Artmarket and its Artprice department on Facebook and Twitter:
www.facebook.com/artpricedotcom/ (more than 6.5 million subscribers)
Discover the alchemy and the universe of Artmarket and its Artprice department: https://www.artprice.com/video
whose head office is the famous Museum of Contemporary Art Abode of Chaos dixit The New York Times / La Demeure of Chaos:
https://issuu.com/demeureduchaos/docs/demeureduchaos-abodeofchaos-opus-ix-1999-2013
La Demeure du Chaos/Abode of Chaos – Total Work of Art and Singular Architecture.
Confidential bilingual work, now made public: https://ftp1.serveur.com/abodeofchaos_singular_architecture.pdf
L’Obs – The Museum of the Future: https://youtu.be/29LXBPJrs-ohttps://www.facebook.com/la.demeure.du.chaos.theabodeofchaos999 (more than 4.1 million subscribers)https://vimeo.com/124643720
Contact Artmarket.com and its Artprice department – Thierry Ehrmann, ir@artmarket.com
Photo – https://mma.prnewswire.com/media/2617848/AI_Action_Summit.jpg
Photo – https://mma.prnewswire.com/media/2617847/AI_Intuitive_Artmarket.jpg
Logo – https://mma.prnewswire.com/media/2260897/Artmarket_logo.jpg
You may like
Technology
OASE+ and Elsevier Agree Next-Phase Read and Publish Agreement to Expand Open Access Publishing in Japan
Published
4 minutes agoon
October 26, 2026By
A new three-year term removes the annual cap on open access publishing under the Read and Publish agreement and extends eligibility beyond universities
TOKYO, Oct. 26, 2026 /PRNewswire/ — OASE+ (Open Access for Scholarly Empowerment +), the collective negotiating body established with Japanese government support to advance the country’s national open access policy, and Elsevier, a global leader in advanced information and decision support, have agreed a read-and-publish agreement covering 2027 to 2029.
The agreement further develops the framework established by Elsevier in partnership with the Japan Alliance of University Library Consortia for E-Resources (JUSTICE) for 2024 to 2026. Under this framework Japanese research institutions are able to expand open access publishing at a pace suited to their individual circumstances while maintaining access to scholarly journals.
From 2027, researchers at participating institutions will be able to publish open access in eligible Core Hybrid journals, subject to the terms of the agreement and without an annual cap on the number of open access articles. The decision to publish open access will rest with the researcher and the research itself, giving researchers greater flexibility in choosing open access publishing and greater certainty in meeting their funders’ and institutions’ open access requirements.
A separate agreement applies the same approach to Cell Press. For institutions that subscribe to Cell Press Hybrid titles, reading access and open access publishing will cover the subscribed titles. The agreement will also have no annual cap on the number of open access articles and run from 2027 to 2029.
The agreement also extends eligibility for the first time beyond universities to national research and development agencies, opening participation to a substantial part of Japan’s publicly funded research base.
Japan is one of the world’s largest producers of scientific research. Wider open access publishing increases the international visibility of that research, supports collaboration across borders, and helps ensure Japanese findings inform science, practice and policy well beyond Japan. It also advances the objectives of the Japanese government’s National Policy on Promoting Open Access to Publicly Funded Scholarly Publications and Scientific Data.
The agreement follows extended discussions between OASE+ and Elsevier and reflects the findings of a survey of the needs of institutes that expressed interest in the Read and Publish agreement, as well as experience gained through the current framework.
Professor Yasuteru Shigeta of the University of Tsukuba, Chair of OASE+, said: “In 2024, OASE was established under the Japanese government’s ‘National Policy on Promoting Open Access to Publicly Funded Scholarly Publications and Scientific Data’. Through collaboration with JUSTICE, OASE has since strengthened its framework as OASE+. This enhanced structure enabled constructive negotiations with Elsevier, building upon the achievements and experience gained through the pilot proposal implemented for JUSTICE through 2026. As a result, we are pleased that researchers will be able to publish open access in Core Hybrid journals without any cap on the number of articles, and that Cell Press Hybrid journals are now also available under a Read and Publish agreement. While there should be multiple valid approaches to advancing open access, we hope that this agreement will serve as one of those pathways and help enhance the visibility of research from Japan to create positive impact.”
Gemma Hersh, Senior Vice President, Sales and Commercial Director, Primary Research, Elsevier, said: “We are delighted that this new agreement with OASE+ will enable us to further develop our long-standing partnership with the Japanese research community. We are grateful to OASE+ and the institutions that expressed interest in the agreement for the collaboration and pragmatism they brought to our discussions, and for helping to establish a framework with broader reach across Japan’s research base. Japan’s research is of global importance, and this agreement will help ensure more of it is openly available to researchers around the world.”
Further information is available from OASE+ and on Elsevier’s open access agreements page.
Notes to editors
A Read and Publish agreement combines, in a single contract, the subscription fees research institutions paid publishers for access to scholarly articles with the fees for publishing articles open access (article publishing charges, or APCs).
Core Hybrid journals are subscription-based journals that also give authors the option to publish individual articles open access. Under the 2027 to 2029 agreement, open access publishing in eligible Core Hybrid journals is available without an annual open access publishing limit.
Cell Press Hybrid journals are subscription-based Cell Press journals that also give authors the option to publish individual articles open access. A companion agreement covering 2027 to 2029 applies to Cell Press Hybrid journals, under which reading access and open access publishing are aligned to the Cell Press Hybrid journals an institution subscribes to, without an annual open access publishing limit.
Institutions that have expressed interest will not necessarily enter into the agreement immediately. Each institution reviews the terms and decides independently whether to participate, and contract commencement dates will vary. Institutions wishing to participate must submit an expression of interest through OASE+. As of October 21, 167 institutions have expressed interest in the agreement with Elsevier.
About OASE+
OASE+ (Open Access for Scholarly Empowerment +) is a team supported by the Japanese government working to establish a collective bargaining framework, led by universities and other research institutions, for negotiations with academic publishers. Through discussions with global academic publishers, OASE+ aims to contribute to the realization of the Japanese government’s National Policy on Promoting Open Access to Publicly Funded Scholarly Publications and Scientific Data.
OASE+ succeeds the activities of OASE, which was established in 2024, and operates as a joint initiative involving the Japan Alliance of University Library Consortia for E-Resources (JUSTICE) and OASE to promote open access to scholarly publications. For more information, visit the OASE+ website.
About Elsevier
Elsevier is a global leader in advanced information and decision support. For over a century, we have been helping advance science and healthcare to advance human progress. We support academic and corporate research communities, doctors, nurses, future healthcare professionals, and educators across 170 countries in their vital work. We help impact makers achieve better outcomes with research and clinical-grade solutions built on the world’s leading evidence-based scientific and medical content, precision AI, and expert human assessment. We champion inclusion and sustainability, working with the communities that we serve. The Elsevier Foundation supports research and health partnerships around the world.
Elsevier is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. For more information, visit www.elsevier.com and follow us on social media @elsevierconnect.
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/oase-and-elsevier-agree-next-phase-read-and-publish-agreement-to-expand-open-access-publishing-in-japan-302918039.html
Technology
uSMART and PIVOT Fintech Introduce GlobalSave Portfolios Balanced Strategy on FollowSmart
Published
4 minutes agoon
October 26, 2026By
SINGAPORE, Oct. 26, 2026 /PRNewswire/ — uSMART Securities (Singapore) Pte. Ltd. (“uSMART”) has announced the addition of the PIVOT- GlobalSave Portfolios Balanced Strategy to its FollowSmart platform. Managed by PIVOT Fintech Pte. Ltd. (“PIVOT”), the strategy is being made available through uSMART’s digital platform as part of the companies’ collaboration to provide investors with access to professionally managed investment strategies. Investors can find information about available strategies via the uSMART App at uSMART Securities.
Streamlining Operations for Fund Management Companies
Offering professionally managed investment strategies to a wider investor base can involve significant technology, operational and client servicing requirements. FollowSmart provides a digital workflow supporting account onboarding, trade implementation, position monitoring, valuation and client reporting. The platform is designed to help investment managers handle these operational processes while focusing on portfolio management.
Empowering Investors with a Digital Marketplace
For individual investors, FollowSmart provides a digital platform for exploring professionally managed investment strategies. Available strategies span different asset classes, global markets and risk profiles. Users can review information such as investment philosophy, historical performance and the credentials of the management team, and monitor their portfolios over time. These features may help investors assess which available strategies are relevant to their own objectives and circumstances.
The PIVOT- GlobalSave Portfolios Balanced Strategy
uSMART is acting as an authorized distributor of the PIVOT- GlobalSave Portfolios Balanced Strategy, which is managed by MAS-regulated PIVOT Fintech. The investment team is led by Victor Lye. The strategy uses a quantitative investment approach informed by Modern Portfolio Theory (MPT). It invests in U.S.-listed ETFs across equities, fixed income, commodities and real estate to build globally diversified portfolios. Asset allocation weights are adjusted in response to macroeconomic trends, with the objective of balancing expected returns and risk for medium- to long-term investors.
Expanding the FollowSmart Ecosystem
The addition of PIVOT Fintech is part of uSMART’s ongoing development of the FollowSmart platform and its network of investment managers. Other strategies recently added to the platform include the Global Quantitative Core Growth Strategy by Sunova Capital Management and the JMC Absolute Return Strategy by JMC Capital Asset Management. Together, these offerings provide investors with access to a range of professionally managed investment approaches.
About uSMART Securities (Singapore) Pte Ltd – uSMART Securities (Singapore) Pte Ltd, established on March 22, 2021, is the Singapore entity under uSMART Group (uSmart Holding Ltd.). The company holds a Capital Markets Services (CMS) Licence (Licence No. CMS101161) regulated by the Monetary Authority of Singapore (MAS). Based in Singapore, it provides financial services through the uSMART platform. Its products include US, Hong Kong, Singapore, Japan and UK stocks, options, futures, ETFs, funds, Contracts for Difference (CFDs) and forex products. Its services include trading tools, client account services, risk management arrangements and segregated client fund accounts.
About PIVOT Fintech – PIVOT Fintech Pte. Ltd. (UEN 201716150D) holds a Capital Markets Services Licence (CMS100806) regulated by the Monetary Authority of Singapore and serves as the Investment Manager of the Strategy. PIVOT’s investment team is led by its founder, Victor Lye, who has over 35 years of senior leadership experience across wealth management, insurance, fintech, and artificial intelligence. He holds a First-Class Honours Degree in Economics and Accounting from the University of Adelaide and is a Chartered Financial Analyst (CFA) and Certified Financial Planner (CFP).
Risk Disclaimer – Investment involves risks. Past performance is not indicative of future performance. Investors should carefully consider their investment objectives, financial situation and risk tolerance before making any investment decision. This material is provided for information and reference purposes only and does not constitute an offer, solicitation, recommendation or investment advice. This advertisement has not been reviewed by the Monetary Authority of Singapore.
View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/usmart-and-pivot-fintech-introduce-globalsave-portfolios-balanced-strategy-on-followsmart-302918647.html
SOURCE uSMART Securities (Singapore) Pte Ltd
Technology
FFR to Hold Listing Ceremony and Investor Day on October 26; FFAI Announces Rescheduling of YT Jia’s Investor Weekly Report to October 26
Published
4 minutes agoon
October 26, 2026By
Faraday Future announced that this week’s Investor Weekly Report from FF Founder and Global CEO YT Jia has been rescheduled to October 26.FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) will hold its Listing Ceremony and Investor Day on October 26.FFR management will outline the company’s future strategic direction and business plans and engage with investors in attendance.The full event video will be available at 5:00 p.m. ET on October 26 at: https://www.ff.com/us/
LOS ANGELES, Oct. 25, 2026 /PRNewswire/ — FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) (“FFR” or the “Company”), a U.S.-listed Embodied AI (“EAI“) robotics ecosystem company, today highlighted an update from Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future” or “FF“) that this week’s Investor Weekly Report from FF Founder and Global CEO YT Jia has been rescheduled to October 26.
FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) will hold its Listing Ceremony and Investor Day on October 26, 2026. During the event, FFR management will outline the company’s future strategic direction and business plans and engage with investors in attendance.
The full event video will be available at 5:00 p.m. ET on October 26 at: https://www.ff.com/us/
About FF EAI Robotics Ecosystem Inc.
FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) (renamed from AIxCrypto Holdings, Inc. and AIXC, effective September 30, 2026) is a U.S.-based Embodied AI (EAI) robotics company that is in the process of acquiring the FF EAI Robotics business. Upon completion of the acquisition, the Company will focus on the research and development, manufacturing, commercialization, and deployment of intelligent robotic technologies, products, and industry solutions.
The Company is committed to building a “Four-Core Full-Stack” AI ecosystem covering the full lifecycle of robotics, consisting of EAI Brain & Developer Platform, EAI Devices, Industry Productivity Solutions, and EAI Data Factory. Guided by the technology and product philosophy of “One Brain, Multi-forms, Multi-capabilities,” the Company aims to empower humanoid, biomimetic, and other robotic form factors through a unified EAI Brain, while continuously expanding their multi-task and multi-scenario capabilities. The ecosystem is designed to support the full robotics lifecycle, including R&D, deployment, data collection and training, operations, and commercial applications.
The FF EAI Robotics business has already achieved commercial deliveries of humanoid and biomimetic robotic products. Through its multi-form-factor robotic products, EAI technology platform, closed-loop data capabilities, and industry solutions, the business continues to advance the scaled adoption of robotics across real-world applications. The Company also operates RoboShare, a robot-sharing and services platform designed to connect robotic assets, service capabilities, customer demand, and ecosystem partners, further strengthening its robotics commercialization and service ecosystem.
For more information, visit www.ff.com.
ABOUT FARADAY FUTURE
Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a “Four-Core Full-Stack AI” ecosystem of EAI Brain and Developer Platform, EAI Devices, Industry Productivity Solutions and EAI Data Factory, FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: https://www.ff.com/
FFR Forward-Looking Statements
This communication, including any presentation, press release, investor materials or other document of which it forms a part (this “Communication”), contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws, regarding FF EAI Robotics Ecosystem Inc. (“FFR,” the “Company,” “us,” “our,” or “we”) and our industry. All statements, whether written or oral, other than statements of historical fact, including any financial projections and any statements regarding future events, our strategy, our transition to robotics operations, our plans for RoboShare, our digital asset disposition plans, the proposed acquisition of the FF EAI Robotics business, the projections referenced in this communication, our name and ticker change, any related financing, and the anticipated benefits and timing of the foregoing, our objectives, expectations, or anticipated actions or results, are forward-looking statements. You can often identify forward-looking statements by words such as “may,” “might,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” “likely,” or “continue,” or the negative of these terms or other similar expressions; the absence of these words does not mean a statement is not forward-looking. These statements reflect our current expectations and projections about future events as of the date of this Communication and are necessarily based on estimates and assumptions that, while considered reasonable by management, are inherently uncertain. FFR can give no assurance that such forward-looking statements or financial projections will prove to be correct.
Actual results may differ materially from those expressed or implied by these forward-looking statements as a result of numerous risks and uncertainties, both general and specific, including, but not limited to:
The proposed acquisition transaction and PIPE. The definitive agreements may be terminated in accordance with their terms, and the proposed transactions may not be completed on the terms described or at all; the conditions to closing, including the completion of FFAI’s internal restructuring of the robotics business, the execution of key employee agreements and other customary conditions, and the parties’ ability to satisfy them; the risk that the stockholder approval required under Nasdaq listing rules for the conversion of the preferred stock issued as consideration is not obtained or is delayed, and the effect of the conversion restrictions and the information statement process on the timing of conversion; the timing of the transaction and the costs of pursuing it; the issuance of a substantial number of shares as consideration and the resulting dilution to existing stockholders; the fact that the counterparty is our controlling stockholder, that it will hold a substantial majority of our outstanding shares following closing, that certain members of management serve both companies, and the conflicts of interest inherent in the transaction; the risk that the agreed valuations do not reflect the market value of our shares or of the acquired business; our dependence on the counterparty for transition, supply and support following any closing; the scope and enforceability of the non-competition and governance arrangements; the consequences of the transaction under Nasdaq listing rules, including the possibility that Nasdaq determines that the transaction requires us to satisfy initial listing requirements in connection with a business combination, change of control or change in the nature of our business; the risk that the PIPE financing, on which the transaction is not conditioned, is not completed on the anticipated terms or at all; the risk of litigation relating to the transaction; our ability to integrate and operate the acquired business; and the risk that the acquired business performs differently than anticipated.
Projections. The projections referenced in this communication were prepared by FFAI management for the FF EAI Robotics business on a standalone basis and do not reflect our existing business, transaction-related expenses or the combined company. We have not independently verified them or adopted them as guidance. They were not prepared with a view toward public disclosure or toward compliance with the published guidelines of the Securities and Exchange Commission or the American Institute of Certified Public Accountants regarding prospective financial information, and no independent registered public accounting firm has examined, compiled or performed any procedures with respect to them, and none expresses an opinion or any other form of assurance with respect to them. The projections reflect estimates and assumptions that are inherently uncertain and subject to change, including through due diligence and the review of our special committee and its financial advisor. Actual results are likely to differ, and may differ materially.
Liquidity, capital and going concern. Our limited cash and liquidity position and our history of operating losses and negative operating cash flow; substantial doubt regarding our ability to continue as a going concern, as described in our periodic reports; our need to obtain additional financing on acceptable terms or at all, and the substantial dilution to existing stockholders that additional financing may cause, including any financing completed in connection with the proposed transaction, which may not be completed or may be on less favorable terms than anticipated; our ability to fund operations pending and following the disposition of our digital asset positions; and our ability to satisfy the continued listing requirements of The Nasdaq Stock Market, including stockholders’ equity, minimum bid price and other applicable standards.
Our strategic transition and the disposition of digital assets. Risks associated with a fundamental shift in our business strategy and the redeployment of resources from a digital asset treasury strategy to robotics operations; our ability to execute the disposition of our digital asset positions in an orderly manner and on acceptable terms; the risk that amounts realized on disposition are materially less than carrying value as a result of price volatility, market depth, execution timing, custody or transfer constraints, or other limitations; tax, accounting and regulatory consequences of the dispositions; the continued volatility and regulatory uncertainty associated with digital assets and cryptocurrencies during the wind-down period; the concentration of a substantial portion of our assets in a single equity investment, including an investment in a related party, and the illiquidity, valuation uncertainty, holding-period and transfer restrictions associated with that investment; and risks arising from our relationships and agreements with related parties and significant stockholders.
Our robotics operations business. Our limited operating history in robotics operations and commercialization and the absence of a meaningful revenue history; the early stage of RoboShare and the risk that customer demand, repeat demand, pricing, utilization or unit economics do not develop as anticipated; our dependence on a small number of customers, on a single initial geographic market, and on individual events or engagements, and the risk that the loss of, or a change in the terms of, any such relationship has a disproportionate effect; our dependence on third-party robot owners, operators, suppliers, original equipment manufacturers and local partners, and on their willingness to make robots available on our platform; risks relating to the availability, cost, quality, maintenance, transport, insurance and technological obsolescence of robots and related equipment, and to supply chains, tariffs and trade measures affecting them; and our ability to expand into additional markets and to attract and retain participants on both sides of our marketplace.
Operations, safety and liability. Risks of property damage, personal injury or death arising from the operation of humanoid robots, quadrupeds and other autonomous or semi-autonomous machines in proximity to performers, employees, guests and the public, including at live events and in uncontrolled environments; product liability, premises liability, negligence and related claims and the adequacy, scope, availability and cost of our insurance coverage and of contractual indemnities from customers, owners and suppliers; the allocation of responsibility among us, robot owners, venues, event producers and customers; permitting, licensing, occupational safety and event-specific regulatory requirements; and the reputational consequences of any safety incident.
Technology, data and intellectual property. Systems, network, telecommunications or service disruptions, failures, defects or cyber-attacks; the performance, reliability and autonomy limitations of robotic systems and of the software, models and networks that support them; our collection, use, storage, transmission and protection of personal information, including images and any biometric or biometric-adjacent data captured in the course of robot deployments, and evolving privacy, biometric and artificial intelligence laws and regulations across the jurisdictions in which we operate or intend to operate; our ability to obtain, maintain, protect and enforce our intellectual property rights and to defend against third-party claims of infringement or misappropriation; and our reliance on third-party technology, platforms and licenses.
Legal, regulatory and general. The regulated industries and jurisdictions in which we operate; current or future laws or regulations and new interpretations of existing laws or regulations, including those applicable to digital assets, robotics, autonomous systems, consumer protection, advertising and endorsements; the risk that our marketplace arrangements, or the manner in which they are described, are characterized differently than we intend by regulators or courts; the failure of counterparties to perform their contractual obligations; litigation, regulatory inquiries, investigations and enforcement actions, and their costs and outcomes; business, economic, market and capital-market conditions; competition in our industry; changes in market demand for, and the pricing of, our products and services; our ability to define, design and release new products and services in a timely manner that meet customer needs; our ability to attract, retain and motivate qualified personnel, including key management; our ability to manage our growth and our transition; and our ability to maintain effective internal control over financial reporting and disclosure controls and procedures.
This list of factors is not exhaustive. Additional risks and uncertainties are described more fully in our filings with the U.S. Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K for the year ended December 31, 2025, our Quarterly Reports on Form 10-Q, and our subsequent filings, which are available on the SEC’s website at www.sec.gov. Investors are urged to review the liquidity, capital resources and going concern disclosures contained in those reports.
The forward-looking statements in this Communication speak only as of the date hereof. Except as required by law, neither FFR nor any other person undertakes any obligation to update or revise any forward-looking statement or financial projection set out herein, whether as a result of new information, future events or otherwise. This Communication is provided for informational purposes only, does not constitute an offer to sell or the solicitation of an offer to buy any security, and does not constitute investment, tax or legal advice or any investment recommendation, and does not take into account the investment objectives or financial situation of any person. FFR reserves the right to amend or replace the information contained herein, in whole or in part, at any time, and undertakes no obligation to notify any recipient thereof. Readers are cautioned not to place undue reliance on these forward-looking statements. This caution is made under, and these forward-looking statements are intended to be covered by, the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.
FFAI FORWARD LOOKING STATEMENTS
Important factors that may affect actual results or outcomes include, among others: the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy; the willingness of convertible debt investors to fund the Company; demand for the Company’s robotics products; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the ability of the Company to build an EAI education ecosystem that serves both the B2C consumer market and the B2B institutional education market; the acceptance by teachers and students of the Company’s robotics products in the education market; the ability of the Company to expand into additional markets for its robotics products; the Company’s reliance on a single OEM for most of its robotics products; the Company’s reliance on Chinese OEMs for all of its robotics products; the possibility of the federal government banning imports of Chinese robotics products; the Company’s ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; the ability of the Company to close its transaction with FF EAI Robotics Ecosystem Inc. (FFR) for the sale of its robotics business; demand from automobile dealers for robotics products; the Company’s ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which is substantial; the Company’s ability to secure an occupancy certificate covering all of its Hanford facility; the Company’s ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of substantial losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s ability to execute on its plans to enter the robotaxi and cybercab industries; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company’s control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company’s operations in China; the success of the Company’s remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company’s ability to develop and protect its technologies; the Company’s ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings; the volatility of the Company’s stock price; the ability of the Company to maintain its stock price above $1.00; and the ability of the Company to maintain compliance with Nasdaq regulations for continued listing. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-Q for the quarter ended June 30, 2026, filed with the SEC on August 13, 2026; the quarter ended March 31, 2026, filed with the SEC on May 14, 2026; and Form 10-K filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC.
View original content to download multimedia:https://www.prnewswire.com/news-releases/ffr-to-hold-listing-ceremony-and-investor-day-on-october-26-ffai-announces-rescheduling-of-yt-jias-investor-weekly-report-to-october-26-302918891.html
SOURCE FF EAI Robotics Ecosystem Inc.
OASE+ and Elsevier Agree Next-Phase Read and Publish Agreement to Expand Open Access Publishing in Japan
uSMART and PIVOT Fintech Introduce GlobalSave Portfolios Balanced Strategy on FollowSmart
FFR to Hold Listing Ceremony and Investor Day on October 26; FFAI Announces Rescheduling of YT Jia’s Investor Weekly Report to October 26
Send Rakhi to UK swiftly with UK Gifts Portal
Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network
Nullmax and Renesas Forge Strategic Partnership to Deliver Competitive ADAS Solutions for the Global Market
Why You Should Build on #NEAR – Co-founder Illia Polosukhin at CV Labs
Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network
NEAR End of Year Town Hall 2021: The Open Web World, MetaBUILD 2 Hackathon and 2021 recap
Trending
-
Technology2 days agoMiami Startup BOB Raises $5.5M To Build An AI-Powered Banking Platform
-
Technology5 days agoWorkato Launches Self-Serve Platform in Singapore, Opening Enterprise AI to a Broader Community of Builders
-
Technology4 days agoVoqalize Says Voice Is Becoming the Default Way People Use Software
-
Technology5 days agoToku launches Makimoto Flows, a visual builder for speech AI pipelines, taking its open-source initiative beyond transcription
-
Technology4 days agoSnapmaker Introduces New Filament Bundle, Expanding Its Full Spectrum Printing Ecosystem
-
Technology5 days agoBlackpanda and CyberCube Collaborate to Bring Cyber Risk Analytics to Brokers Across Asia
-
Coin Market4 days agoBitcoin ETFs bag another $528M, taking 3-day haul past $1B
-
Technology4 days agoNew GASA Research: 71% of Adults Surveyed Across 13 Asian Markets Encountered Scams, with Estimated Losses of US$136.5 Billion
