$1M Leaders Prize to Be Awarded to Solution Combating "Fake News" Using Artificial Intelligence

Communitech, in partnership with the Schulich Foundation and Leaders Fund, revealed the problem statement for the Leaders Prize Competition Wednesday. This first-of-its-kind competition in Canada will award $1 million to the winning team using artificial intelligence (AI) to solve a global problem that is undermining our democracies: fake news and the spread of misinformation. Teams across Canada are invited to create solutions to automatically verify a series of claims, flag whether they are true, partly true, or false and provide evidence to support their determination. The prize will ultimately be awarded to the most effective and efficient AI based fact-checking solution. "This competition will inspire the creation of breakthrough solutions that inform our citizens if the online content they consume is accurate, before and as they read it," said David Stein, Co-Founder and Managing Partner, Leaders Fund.