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AI Grand Challenges Act: Millions in Prizes for Breakthrough AI Solutions in Key Sectors.

The US government is launching a prize program to accelerate Artificial Intelligence (AI) research and development in areas critical to citizens, such as health, security, and the environment. The goal is to incentivize scientists and companies to find innovative solutions to major societal and technological problems. This initiative aims to drive rapid development of beneficial AI technologies.
Key points
The program mandates at least $10 million in prizes for AI breakthroughs specifically targeting cancer detection, diagnostics, and treatment.
AI competitions will cover a wide range of issues, including cybersecurity, disaster preparedness, transportation, and mitigating algorithmic bias.
To be eligible for prizes, participating entities must be based in the US, and individuals must be US citizens or permanent residents.
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Additional Information
Print number: 118_HR_9475
Sponsor: Rep. Lieu, Ted [D-CA-36]
Process start date: 2024-09-06