Solving a global challenge with AI could fetch you $3 million!

Interested in the future of artificial intelligence? Fancy winning a few million dollars? If you answered in the affirmative to both of these questions, you might want to consider putting your little gray cells to good use by signing up to the newly opened IBM Watson AI Xprize.

The AI and cognitive computing competition challenges teams from around the world to come up with ways in which humans and AI can team up to solve the world’s biggest conundrums.

“We see tremendous opportunity in the emerging generation of problem solvers to use AI to solve humanity’s grandest challenges,” Amir Banifatemi, prize lead of the IBM Watson AI Xprize said.

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“The ‘open’ nature of the competition will allow teams for the first time to define their own challenges and demonstrate their solutions utilizing any AI technology, allowing for myriad problem-solving approaches.”

The contest doesn’t specify which of humanity’s biggest dilemmas you need to approach — instead encouraging people to pick their own topic.

As the contest’s organizers put it: “The goal is … to accelerate the understanding and adoption of AI’s most promising breakthroughs.”

Three finalist teams will ultimately take the stage at TED 2020, where they’ll deliver a presentation about everything they’ve achieved. The grand prize winners will take home $3 million, the second place will be awarded $1 million, and $500,000 will go to the runners-up.

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