o All Consumer Technology o Artificial Intelligence o Blockchain -- XTX Markets launching $10 million 'Artificial Intelligence Mathematical Olympiad Prize' -- LONDON, Nov. 27, 2023 /PRNewswire/ -- XTX Markets is launching the Artificial Intelligence Mathematical Olympiad Prize ('AI-MO Prize'), a new $10mn challenge fund designed to spur the creation of a publicly-shared AI model capable of winning a gold medal in the International Mathematical Olympiad (IMO). A grand prize of $5mn will be awarded to the first publicly-shared AI model to enter an AI-MO approved competition and perform at a standard equivalent to a gold medal in the IMO. -- There will also be a series of progress prizes, totalling up to $5mn, for publicly-shared AI models that achieve key milestones towards the grand prize. -- Building on these traditions, the AI-MO Prize will accelerate progress beyond large language models like ChatGPT and develop new AI models that can reason mathematically. As such, the AI-MO Prize could represent a new Turing Test. -- "Using hard mathematical problems as a benchmark to determine if AI can match the highest cognitive functions of human beings is a wonderful -- I am sure that many people will be following the AI-MO Prize with great excitement, to see when, in the future, AI will match the world's brightest young minds." -- "Despite recent advances, using AI to solve, or at least assist with solving, advanced mathematical problems remains an incredibly -- The AI-MO Prize promises to provide at least one such set of benchmarks which will help compare different AI problem solving strategies at a technical level, in a manner that will be accessible and appealing to -- The prizes will be designed by an AI-MO Advisory Committee (to be appointed), including mathematicians, AI and machine learning experts, and experienced Olympiad problem-setters. The first AI-MO approved competitions will open to participants in early 2024. There will be a presentation of progress at the 65th IMO -- Geoff Smith, Former President, International Mathematical Olympiad and AI-MO Prize Advisory Committee Member, commented: "The ability of modern AI systems to create a facsimile of a human when engaging in a written exchange is remarkable. However, this works best -- delighted to be involved in supporting this competition, as we seek to measure AI systems against the best young mathematical minds." -- "XTX Markets is excited to be launching the AI-MO Prize to spur the development of AI models capable of mathematical reasoning. We look forward to working with mathematicians, scientists and technologists to develop the prizes, and to seeing how AI models compare against exceptional high-school mathematicians." For more information and updates on the AI-MO Prize visit: https://aimoprize.com/ -- XTX Markets launching $10 million 'Artificial Intelligence Mathematical Olympiad Prize' XTX Markets launching $10 million 'Artificial Intelligence Mathematical Olympiad Prize' XTX Markets is launching the Artificial Intelligence Mathematical Olympiad Prize ('AI-MO Prize'), a new $10mn challenge fund designed to spur the... -- Artificial Intelligence Image1