Build Awe-Inspiring Artificial Intelligence to Win 5 Million Dollars

Build awe-inspiring artificial intelligence to win 5 million dollars. The grand prize that could make your aspirations reality is backed by TED 2016, The X Prize Foundation and IBM Watson.

It’s been one day since Peter Diamandis, the founder of The X Prize Foundation and David Kenny, the general manager of IBM Watson in addition to TED 2016 announced a new competition emphasizing artificial intelligence.

The competition, titled ‘IBM Watson AI Xprize: A Cognitive Computing Competition’ puts a price tag on your creativity: 5 million dollars. Enthusiastic teams from across the globe can join the competition by submitting their project proposals. Unlike previous competitions held by either one of the big players involved this time, the newly announced competition is rather open-ended.

Without a strict set of guidelines, potential participants are invited to create artificial intelligence which has the potential to improve human lives. The specific operating domain for the artificial intelligence is the team’s choice. It may be that you’re particularly interested in education or climate change. Either way, if you believe artificial intelligence can benefit any of these fields and have a well thought plan to make it reality, this is the chance to get the necessary funds.

The goal of the competition is to demonstrate specifically how working with artificial intelligence can improve human lives. Cognitive technologies and artificial intelligence should be put to work to tackle the greatest challenges of our times. Ultimately, The X Prize Foundation, IBM Watson and TED2016 aim to stimulate research and interest in artificial intelligence.

The potential applicants will be however judged also for their ability to present their idea in front of an audience in a captivating, novel manner. Build awe-inspiring artificial intelligence to win 5 million dollars. This lofty goal can be achieved provided you’re part of the three finalists to take to the stage and impress the jury.

This year’s competition isn’t the first to revolve around artificial intelligence. In 2014, TED and The X Prize Foundation announced an AI-based competition the final result of which should have been artificial intelligence taking the floor to deliver a TED talk. This time, the ‘IBM Watson AI Xprize: A Cognitive Computing Competition’ is more open-end.

Potential teams that are interested in the 5 million dollars competition can register on the X Prize Foundation website with their emails. The full set of guidelines should be released in May. While the competition offers great flexibility in how artificial intelligence could improve human lives, it also promises interesting developments by 2020.

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