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IBM offering $5 million to one lucky AI wizard

February 18, 2016 By Sam Catherman

IBM offering $5 million to one lucky AI wizard

Are you working on an artificial intelligence project? You could win big - here's how.

People have been talking and writing about artificial intelligence for years, and the technology is finally reaching a point where it’s beginning to make some pretty interesting headlines. According to a report from the Washington Post, tech company IBM along with TED and the X Prize Foundation have announced that they will launch a multiyear competition that challenges developers to build the world’s next big AI project.

According to the contest’s organizers, the promise of artificial intelligence’s capabilities could one day address some of the world’s biggest problems, from geopolitical issues to climate change.

The competition’s organizers want to find the next artificial intelligence guru to push the technology even further. The only stipulations of the contest are that entries accomplish a feat that impresses the judges. And they won’t necessarily be easy to impress – some of TED’s and X Prizes top officials will be on the panel. Entrants will give a traditional TED talk describing their project, and only three lucky teams will make it to the final round.

X Prize has been on the forefront of innovation by rewarding some of the world’s most creative minds for their big ideas. It has rewarded the people behind the world’s first private race to send landers to the moon, placing an Israeli probe on an upcoming launch. It has also partnered with Qualcomm to give $10 million to the first team that can successfully develop a real-life version of the medical tricorder depicted in “Star Trek.” The device, in theory, could diagnose diseases with the simple pass of a wand.

The upcoming artificial intelligence competition follows a similar contest in 2014, sponsored by both X Prize and TED. The last contest proposed having the AI creation give the presentation itself, and a winner would be decided based on the crowd’s reaction.

This year’s competition is much more broad – entrants can submit any project they like as long as it can be construed as world changing. People interested in the competition will have until 2020 to submit their entries, so get started while you still have time!

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