Late last year, a Klimt sold for the highest price ever paid for modern art at auction.

An outlier sure, but it wasn't a fluke. U.S. auction sales grew 23.1% in 2025. The $1-5mm segment even grew 40.8% YoY.

Now, the S&P, teetering on all time highs, just posted its worst quarter since 2022, oil was up 94% (briefly), and Moody's puts recession odds at 48.6%.

So, that's where it gets interesting.

Each environment is unique, but after dot-com, post war and contemporary art grew about 24% annually for a decade. After 2008, about 11% for 12 years.

It’s also had near-zero correlation with the S&P 500 since ‘95.*

Now, Masterworks lets you invest in shares of artworks featuring legends like Banksy, Basquiat, and Picasso.

Shares can sell quickly, but my subscribers can skip the waitlist:

Skip waitlist

^{*Investing involves risk. Past performance is not indicative of future returns. See important Reg A disclosures at masterworks.com/cd.}

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SpaceX Enters AI Coding Arena with $60 Billion Cursor Acquisition: Elon Musk’s SpaceX is making a major push into AI coding with a $60 billion deal for Cursor, setting up competition with players like OpenAI and Anthropic. Link

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Flexcompute and Northrop Grumman Achieve 100X Reduction in Space Mission Preparation Time Using AI: Flexcompute and Northrop Grumman say their NVIDIA-enabled AI physics models can automate key simulation workflows and cut space mission preparation time by 100x. Link

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Google Introduces Deep Research Agents for Enhanced AI-Powered Research: Google’s new Gemini 3.1 Pro-powered Deep Research and Deep Research Max agents combine web search, enterprise data, integrations, and charting to automate high-stakes research workflows. Link

OpenAI Introduces ChatGPT Images 2.0 to Compete with Google: ChatGPT Images 2.0 adds improved rendering of complex text, UI components, and iconography at up to 2K resolution as OpenAI sharpens its image-generation offering. Link

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