WTN X PRIZE Technology Prizes Initiative Launched
October 12, 2004 | Source: KurzweilAI
The X Prize Foundation and the World Technology Network (WTN) announced the launch of the WTN X PRIZE, which will award prizes for significant achievements towards specific science or technology challenges such as cures for major diseases, artificial intelligence, or molecular assemblers.
The prizes will use the same methods developed for the recently awarded Ansari X PRIZE (10 million dollars for the first private space flight) to choose both challenges and awards as a way to jumpstart competition and development in the chosen fields.