http://www.netflixprize.com//rules
News article about Netflix running a contest to improve Cinematch, a recommender system to predict whether someone will enjoy a movie based on how much they liked or disliked other movies.
To get price of $1M Cinematch must be improved by 10%. Contest open to individual or teams.
Contest runs October 2006-2011. So far AT&T improved it by 8.5% and got $50K for its efforts of 2000 hours.
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