Netflix Offers $1M For Better Recommendations
Los Gatos-based Netflix is dangling a $1M prize to the software developer who can improve the firm's movie recommendation system, the company announced today. Netflix said that is is releasing a database of 100 million anonymous movie ratings and offering the prize in hopes of improving the accuracy of its movie recommendation services by 10%. The company also said that it will also offer a $50,000 progress prize if no one wins the grand prize this year. The competition is open to anyone except Netflix employees, families, and company affiliates.
posted on Monday, October 2, 2006
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