The X PRIZE Foundation is considering launching another $10 million dollar challenge that could change the world of medicine.
Two weeks ago, the foundation began promoting the AI Physician X Prize. The prize will be awarded to the first team that designs an artificial intelligence system capable of providing a diagnosis equal to, or better than,10 board-certified doctors. Although details about the new challenge have yet to be added to the foundation website, the promotional video above indicates the winning solution would be accessible via smartphone.
Nearly four years ago, the foundation announced it would award a $10 million prize to the first team that could construct a device and use it to sequence 100 human genomes within 10 days or less. Award guidelines stipulate teams have complete the challenge with an accuracy of no more than one error in every 100,000 bases sequenced, with sequences accurately covering at least 98% of the genome and at a recurring cost of no more than $10,000 per genome. Eight teams are currently registered in the competition, which is known as the Archon Genomics X PRIZE challenge.