IBM, XPrize Announce Artificial Intelligence Competition With Million Prize Money

Although the jury is still out on whether Artificial Intelligence (AI) would benefit humankind immensely or spell its eventual doom, it has not stopped enterprising researchers from exploring the possibilities. Now, in order to further encourage new breakthroughs in the field, IBM and XPrize — the nonprofit that held the competition to get the first privately funded spaceship off the ground — announced a $5 million competition for AI developers across the globe. The winners of the competition, details of which will be announced in May, will be awarded at the TED conference in 2020, the XPrize Foundation said in a statement issued jointly with IBM. “Every year leading up to TED2020, teams will go head-to-head at World of Watson, IBM’s annual conference, competing for interim prizes and the opportunity to advance…


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