million prize money for the winner of ai competition, xprize and ibm declares

On the occasion of the TED 2016, the X Prize founding father and IBM general manager got together to declare the beginning of a new competition about AI. The competition will award a $5 million prize to the winning team. Groups from all over the global village will try to come up with their own versions of how artificial intelligence could help people’s lives. The competition has limitless scope for the future. It doesn’t lay down any strict parameters with reference to AI products or services. Those who are participating in the competition can choose anything they want as their area of focus. This can range from climatology to education to the healing arts. The cooperation of human beings in creating AI stuff that will go on to solve the…


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