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IBM Backs New $5M AI XPRIZE

IBM and XPRIZE, the Culver City organization which runs major challenges to advance technology and help apply innovation to solving some of the world's biggest challenges, have announced a new IBM Watson AI PRIZE. The new prize offers up a $5M competition, which challenges teams to develop and demonstrate how humans can collaborate positively with artificial intelligence software. The challenge--which is being run in conjunction with TED--has an ultimate goal of using AI to create "landmark breakthroughs" in delivering positive impacts on people's lives, according to the organizers. The new prize will be awarded in 2020, and rules for the new competition will be announced in May.