August 29, 2016

IBM Watson AI Xprize #gsummit

The IBM Watson AI XPRIZE is a $5 million competition, challenging teams globally, to develop and demonstrate how humans can collaborate with powerful AI technologies to tackle the world’s grand challenges. The prize aims to accelerate adoption of AI technologies, and spark creative, innovative and audacious demonstrations of the technology that are truly scalable and solve societal grand challenges. To encourage innovation in any form, the competition is an open challenge in AI. Rather than set a single, universal goal for all teams, this competition will invite teams to each declare their own goal and solution to a grand challenge. The IBM Watson AI XPRIZE is a four-year competition with annual milestone competitions in 2017, 2018, and 2019. The top three finalists will compete for the Grand Prize at TED 2020.

The $3,000,000 Grand Prize, $1,000,000 2nd Place, and $500,000 3rd Place purses will be awarded at the end of competition at TED2020, for a total of $4.5 million.

Milestone and Special Prizes

Two Milestone Competition prize purses will be awarded at the end of each of the first two rounds of the competition, and the Judges may award additional special prizes to recognize special accomplishments. A total of $500,000 will be available for these prizes and will be allocated by the Judges for special accomplishments.

AI will be the best tool, in collaboration with humans to solve humanities grand challenge

The prize does not require the use of IBM Watson.





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