The X Prize Foundation and IBM have just announced a new global X Prize competition with a focus on artificial intelligence. Teams from around the world can take part in the “IBM Watson A.I. X Prize: A Cognitive Computing Competition,” as it’s being called, in hopes of taking home part of a $5 million purse to be awarded at the TED conference in 2020. Registration will open at the end of May.
In past competitions, the X Prize Foundation typically laid out specific goals or requirements that had to be met. That’s not the case this time around, because X Prize is allowing teams to define their own challenges.
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This article originally appeared on Recode.net.