Categories: Technology

The X Prize is taking aim at aging with a new $101 million award

[ad_1]

An X Prize competitors focusing on getting older has been within the works for years, fueled by discussions between Diamandis, longevity investor Sergey Younger, eccentric futurist and researcher Aubrey de Gray, and Michael Antonov, a long life fanatic and cofounder of the Fb-owned virtual-reality firm Oculus. Younger and Antonov supplied seed funding to check the feasibility of the prize.

Diamandis introduced the $101 million prize at present on the International Healthspan Summit in Riyadh, Saudi Arabia, an occasion hosted by Hevolution, a nonprofit group launched by the Saudi royal household in 2021 that plans to spend a billion {dollars} a 12 months on getting older analysis. Hevolution is offering the most important chunk of the X Prize purse, $40 million. The opposite main funder is Lululemon founder Chip Wilson, who contributed $26 million to the prize. He additionally kicked in a further $10 million for any crew growing a remedy that may present a 10-year enchancment in muscle perform for people with facioscapulohumeral muscular dystrophy, a muscle dysfunction that impacts Wilson and about 30,000 different individuals worldwide.

The purse might be doled out in three chunks. Two years in, as many as 40 groups will obtain $250,000 “to anoint them as one of many high groups,” Diamandis says. How these groups might be chosen isn’t but clear. However “it’s extra subjective than goal,” he provides. Three or 4 years in, the highest 10 groups will obtain one million every. That leaves $81 million for the winners, which might be introduced in 2030.

Any crew that demonstrates a 20-year enchancment will obtain the total prize. A 15-year enchancment will earn $71 million. The prize for a 10-year enchancment is $61 million.

Gordon Lithgow, a researcher who research the biology of getting older on the Buck Institute, calls the announcement “incredible.” He hopes the prize may tackle a number of the worst bottlenecks within the area: growing and testing new interventions, measuring getting older, and transferring analysis into people. “This area wants an enormous inflow of sources,” he says. Lithgow may even put his hat within the ring.

[ad_2]

Amirul

CEO OF THTBITS.com, sharing my insights with people who have the same thoughts gave me the opportunity to express what I believe in and make changes in the world.

Recent Posts

Tori Spelling Reveals She Put On Diaper, Peed Her Pants While In Traffic

[ad_1] Play video content material misSPELLING Tori Spelling is again at it together with her…

12 months ago

The Ultimate Guide to Sustainable Living: Tips for a Greener Future

Lately, the significance of sustainable residing has turn out to be more and more obvious…

12 months ago

Giorgio Armani on his succession: ‘I don’t feel I can rule anything out’

[ad_1] For many years, Giorgio Armani has been eager to maintain a good grip on…

12 months ago

Potential TikTok ban bill is back and more likely to pass. Here’s why.

[ad_1] Federal lawmakers are once more taking on laws to drive video-sharing app TikTok to…

12 months ago

Taylor Swift & Travis Kelce Not Going to Met Gala, Despite Invitations

[ad_1] Taylor Swift and Travis Kelce will not make their massive debut on the Met…

12 months ago

Best Internet Providers in Franklin, Tennessee

[ad_1] What's the greatest web supplier in Franklin?AT&T Fiber is Franklin’s greatest web service supplier…

12 months ago