Prize Challenges are competitions held at a global or regional level which aim to find the most cutting-edge AI solutions to tackle issues with a significant socioeconomic impact. These problems may arise from various public and private sectors, and the winners will receive cash prizes as recognition for their exceptional contributions. Additional funding for translation may be available for solutions with the potential to be applied in the real world. 

Ongoing Prize Challenge

AI Singapore has launched the Online Safety Prize Challenge, a 10-week competition that aims to advance AI research in developing multimodal, multilingual, and zero-shot models. These models are expected to discern effectively between benign and harmful memes, focusing on the diverse and nuanced Singaporean digital landscape. Our goal is to foster safer online interactions worldwide, particularly in regions with limited data on harmful content. Click here for more details.

Past Prize Challenges

The Monetary Authority of Singapore (MAS) has launched the 8th edition of the Global FinTech Hackcelerator, titled “Artificial Intelligence (AI) in Finance Global Challenge”. The competition is conducted in partnership with AI Singapore (AISG) and powered by Oliver Wyman. It seeks to produce innovative and market-ready AI solutions that can transform the financial services industry. Click here for more details.

AI Singapore, in collaboration with the Singapore Land Authority, has launched a Visual Localisation Challenge, with the aim of addressing the problem of “How can AI be used to accurately extract camera pose data from 2D images?” By leveraging advancements in visual odometry, we hope to push the boundaries of 3D learning and make it more affordable and sustainable for a broader range of real-world applications. Click here for more details.

The Trusted Media Challenge was a five-month-long competition aimed at attracting the AI community to design and test out AI models and solutions that will easily detect audiovisual fake media, where both video and audio modalities may be modified. Click here for more details.

Keen to collaborate on a Prize Challenge?

We welcome Prize Challenge ideas that meet the following criteria: 

• The problem statement should have a significant socioeconomic impact on Singapore
• The proposed problem can be addressed using AI technologies
• The potential solution can be translated into real-world applications
• The competition should feasibly be completed within a maximum period of six months

If you are interested in proposing a Prize Challenge that meets the aforementioned criteria, please fill out this template and email it to