Page 26 - Crowdsourcing AI and Machine Learning solutions for SDGs - ITU AI/ML Challenges 2024 Report
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Crowdsourcing AI and Machine Learning solutions for SDGs



                      7      Incentives


                      7.1     Prizes


                      Since 2020, the ITU AI/ML Challenges have provided numerous incentives to participants
                      and hosts of problem statements, fostering innovation and collaboration in AI/ML. Through
                      generous sponsorships, the challenges have disbursed over 127,731 CHF in prize money to
                      the winners of various competitions. This financial reward recognizes and encourages the
                      development of cutting-edge solutions to complex problems.


                      7.2     Certificates

                      In addition to monetary prizes, participants have received certificates acknowledging their
                      contributions and participation in the challenges. These certificates not only serve as a formal
                      recognition of their efforts but also enhance their professional credentials, opening up further
                      opportunities in the field of AI/ML. Through these incentives, the ITU AI/ML Challenges
                      continue to attract talented individuals and teams from around the world, driving progress
                      and excellence in the application of AI/ML technologies. The top three teams selected will be
                      recognized and certificates of appreciation shall be presented below:
                      •    1st prize winning team: "Gold"
                      •    2nd prize winning team: "Silver"
                      •    3rd prize winning team: "Bronze"

                      Additional prizes and letters of appreciation may be awarded on a per-topic basis at the
                      discretion of the judges during the event. 

                      Furthermore, hosts of problem statements have offered additional incentives to participants.
                      For instance, TTC in Japan has awarded monetary prizes and trophies to recognize exceptional
                      contributions. The GNN challenge has provided winners the opportunity to present their work
                      at prestigious conferences, giving them a platform to showcase their innovations to a broader
                      audience.


































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