IBM and X Prize announce an AI contest with a million prize

IBM (NYSE: IBM) and X Prize, a non-profit organization, have announced an artificial intelligence competition for developers with a $5 million prize at the end. Contestants have to develop and demonstrate how humans can collaborate with powerful AI technology to resolve some of the world’s greatest challenges. The developers have to do it while using Watson technology from IBM, a technology platform that uses natural language processing and machine learning to reveal insights from large amounts of unstructured data, according to IBM. Photo: IBM The companies responsible for the encouragement see the opportunity as a desire to demonstrate what technology is capable of doing and the benefits this could bring to humankind, letting aside all the critics and fears for AI technology. “Personally, I am sick and tired of the…


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