XTX Markets launches AI Mathematical Olympiad with $10 million prize pool

XTX Markets launches AI Mathematical Olympiad with $10 million prize pool

Mathematics has long been considered a pinnacle of human intelligence, a testament to our ability to reason and solve complex problems. But what if machines could also excel in this field? That’s the challenge that XTX Markets is putting forth with the launch of the Artificial Intelligence Mathematical Olympiad (AIMO) and its $10 million prize pool.

The AIMO aims to foster the development of AI models capable of mathematical reasoning, with the ultimate goal of creating a publicly shared model that could achieve a gold medal standard at the International Mathematical Olympiad (IMO). This prestigious competition tests the mathematical prowess of high school students from around the world.

To kick off the AIMO, XTX Markets announced the opening of the first $1.048 million progress prize on the Kaggle platform. This progress prize is open from April 1 to June 27 and is designed to encourage teams to develop AI models that can tackle intermediate-level high school mathematics problems. While they may not reach the level of difficulty found in the IMO, solving these problems is a crucial step towards achieving the ultimate goal.

In addition to the progress prize, there is a grand prize of $5 million waiting for the first AI model that can participate in an AIMO Prize-approved competition and achieve a performance equivalent to an IMO gold medal. The hope is that this competition will push the boundaries of what AI is capable of and inspire further advancements in mathematical reasoning.

Dr. Geoff Smith, Honorary Reader in Mathematics at the University of Bath, expressed his enthusiasm for the AIMO, saying, “I am delighted that XTX Markets have launched a serious, objective test for AI. It is all very well to simulate casual human blather, but hopefully this will see if it can begin to simulate proper reasoning.”

The AIMO Prize is not only a platform for testing the limits of AI, but it also presents an opportunity for collaboration and knowledge-sharing. Participants can visit the AIMO Prize website or the Kaggle competition page for more details and to join the conversation on Reddit. This sense of community and engagement is crucial in driving innovation and fostering a collective effort towards advancing AI in the field of mathematics.

The announcement of the AIMO Prize and its progress prize marks a significant step forward in the development of AI’s mathematical abilities. By setting the ambitious goal of achieving a gold medal performance at the IMO, XTX Markets is pushing the boundaries of what is deemed possible for AI. This competition has the potential to revolutionize the way mathematics is approached, bringing together the best of human and machine intelligence.

As we enter this new era of AI-driven mathematical reasoning, it’s clear that the possibilities are vast. The AIMO Prize is just the beginning, and the advancements made in this field will have far-reaching implications in various domains. Whether it’s solving complex equations, analyzing large datasets, or unlocking new mathematical insights, AI has the potential to augment human capabilities and revolutionize the way we think about mathematics.


Written By

Jiri Bílek

In the vast realm of AI and U.N. directives, Jiri crafts tales that bridge tech divides. With every word, he champions a world where machines serve all, harmoniously.