Hackers to compete for nearly $20 million in prizes by applying A.I. for cybersecurity, Biden administration announces

Hackers to compete for nearly  million in prizes by applying A.I. for cybersecurity, Biden administration announces


President Joe Biden provides remarks on Synthetic Intelligence in the Roosevelt Home at the White Property on July 21, 2023 in Washington, DC.

Anna Moneymaker | Getty Pictures

Hackers will have the prospect to contend for tens of millions of pounds in prizes by applying artificial intelligence to defend significant U.S. infrastructure from cybersecurity dangers, the Biden administration introduced Wednesday.

The AI Cyber Obstacle will offer you approximately $20 million in prizes and consists of collaboration from foremost AI providers Anthropic, Google, Microsoft and OpenAI, who will make their technology available for the competitors. The problem was introduced at the Black Hat United states hacking convention in Las Vegas.

A qualifying function will be held in the spring, where by up to 20 top-scoring teams will be picked out to advance to the semifinal opposition at DEF CON 2024, a cybersecurity convention. Up to five of people teams will win $2 million every and advance to the last at DEF CON 2025. The top rated three groups will be suitable for further prizes, which includes a top rated prize of $4 million for the workforce that “ideal secures essential program,” in accordance to a push release.

Competition will be questioned to open up resource their systems so that their remedies can be utilised widely. The Linux Foundation’s Open up Source Security Foundation is also serving as an advisor on the problem.

The Defense Superior Investigate Tasks Agency, which is operating the level of competition, claimed it would give up to $1 million to 7 small firms that want to participate, in order to include things like a extensive array of contributors.

This is not the first time the governing administration has made use of a hacking opposition to promote innovation. In 2014, DARPA released the Cyber Grand Problem to develop an open up-resource automatic defense technique that could safeguard a computer system from cyberattacks, with a equivalent structure to the new two-year challenge.

The authorities hopes that the guarantee of AI can aid additional protected important U.S. programs.

“We have to continue to keep protection a person action ahead. And AI presents a very promising technique for that,” Perri Adams, software supervisor at the DARPA Info Innovation Business office, informed reporters on a contact Tuesday. “This is a probability to examine what’s attainable when specialists in cybersecurity and AI have entry to a suite of cross-company resources of blended unprecedented caliber.”

Subscribe to CNBC on YouTube.

Look at: Closing keynote: The White House is significant about cybersecurity

Closing keynote: The White House is serious about cybersecurity



Source

AI valuation fears grip global investors as tech bubble concerns grow
Technology

AI valuation fears grip global investors as tech bubble concerns grow

This week’s equity market wobble, which saw a retreat in U.S. AI-related stocks amid ongoing concerns over stretched valuations, has thrust contagion concerns into the spotlight for European investors. Goldman Sachs CEO David Solomon warned this week of a “likely” 10-20% drawdown in equity markets at some point within the next two years, while the […]

Read More
Elon Musk says Tesla needs to build ‘gigantic chip fab’ to meet AI and robotics needs
Technology

Elon Musk says Tesla needs to build ‘gigantic chip fab’ to meet AI and robotics needs

Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla CEO Elon Musk says the company will likely need to build a “gigantic” semiconductor fabrication plant to keep up with its artificial intelligence and robotics ambitions. “One of the things I’m trying to […]

Read More
The stocks set to win from soaring AI spend, according to analysts
Technology

The stocks set to win from soaring AI spend, according to analysts

Corporate investment into artificial intelligence totaled over $250 billion last year as companies raced to develop intelligence-fueled products and services. That spend kept pace this year and is only expected to increase further as Big Tech firms like Meta , Alphabet and Microsoft vie for the AI dominance and pour more cash into the technology. […]

Read More