Monday June 29, 2009

Winning Teams Join to Qualify for $1M Netflix Prize

Remember that $1 million prize that Netflix was offering a few years ago? (Don’t feel bad, I forgot too) Well, it looks like two teams combined their efforts to win the prize.

Two front runners in the contest, Team Pragmatic Theory and Team Bellkor in Chaos, joined forces and submitted an algorithm that was 10.05 percent better than the one Netflix uses to recommend movies to its subscribers. The result was published on the Netflix Prize leader board on Friday.

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