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22May/090

The Million Dollar Programming Prize

IEEE Spectrum: The Million Dollar Programming Prize

...We have just submitted our latest entry in the year-old Netflix Prize competition, which offers a grand prize of US $1 million for an algorithm that’s 10 percent more accurate than the one Netflix uses to predict customers’ movie preferences. Although we have not reached that milestone, we are hoping at least to do better than anyone else has done so far; if we can make it to 8 p.m. with the best score, we’ll win a $50 000 Progress Prize...

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