Because the $10 million Qualcomm Tricorder X Prize draws to a near, the X Prize foundation has teamed up with IBM Watson to launch a brand new contest, a $five million open assignment to expand an AIsoftware that could be targeted inside the area of healthcare — however may also be aimed towardtraining, power, environment, worldwide improvement or exploration.
“in the coming decade, as X Prize strives to gain its effect challenge thru incentive competitions and crowd-sourcing, we see excellent opportunity on this rising generation of trouble solvers to apply AI to clear up humanity’s grandest challenges,” Marcus Shingles, CEO of X Prize, stated in a announcement. “The IBM Watson AI X Prize is meant to promote and progress the notion of ‘AI for effect’ among the internationalambitious innovator crowd, each the mounted network of practitioners, as well as inspire inexperienced persons to test and in the long run reveal how AI may be used as a tool for right.”
in contrast to previous X Prizes, along with the Tricorder X Prize, in which organizations are vying toexpand a handheld clinical scanner, and the unique Ansari X Prize for suborbital flight, this contest allowsthe contributors to outline their personal desires and to consciousness on solving specific issues.
“in preference to set a single, generic aim for all teams, this competition permits groups to define theirpersonal challenges and display their solutions, encouraging myriad hassle–fixing techniques,” Amir Banifatemi, X Prize lead for the IBM Watson AI opposition, said in a declaration. “This more self sustaining technique for going for walks an incentive opposition is new for X Prize, as we are alwaystrying to innovate our version, and we are excited to have observed a like-minded companion inside theIBM Watson group.”
nonetheless there is motives to believe at the least a number of the teams that enter this contest willrecognition on healthcare. it is the region in which IBM itself chose to begin focusing its Watson AIalmost without delay after the platform first proved its worth at the famous gameshow Jeopardy!. And itbecame the first vicinity at the list while the prize changed into announced.
The IBM Watson AI X Prize will be a protracted-lasting contest. teams will have the possibility to presenton their progress once a 12 months for three years, and the prize will eventually finish in 2020. The $5million in prize money could be divided among a $3 million grand prize, a $1 million second place prize and a $500,000 third region prize, with the closing $500,000 being reserved for special accomplishment and milestone prizes. The cut-off date to apply is December of this 12 months, with precise undertakingproposals due in March.
meanwhile, the Tricorder X Prize, which released back in 2013, is on track to finish in early 2017. Itchanged into at the beginning intended to be offered this 12 months. best seven finalists continue to beafter teams merged, one dropped out via choice, and one became forced to drop out while its prototypechanged into held up in US customs.