Mati Carbon receives the main prize of 50 million dollars in the XPRIZE Carbon Removal competition. The company uses crushed basalt on agricultural land to accelerate a natural weathering process that permanently binds carbon dioxide, while improving soil quality for small-scale farmers.
XPRIZE has launched a global competition worth $5 million to develop practical quantum algorithms. The competition aims to accelerate the development of quantum computer applications that can solve important societal problems.
The competition has a total prize pool of $119 million. The goal is to develop sustainable, reliable, and affordable solutions for desalinating seawater.
The winner will succeed in rejuvenating several vital body functions by at least 10 years, for people aged 65 to 80 years old.
Humanity's grand challenge of eliminating wildfires is tackled head-on by the $11 million XPRIZE Wildfire competition.