Tag: NETFLIX-PRIZE

For the past few years Netflix has been dangling a $1 million prize in front of geeks willing to attempt to come up with a better movie recommendation algorithm than the one Netflix was using. The goal was to improve the Netflix recommendations by 10%. Last month, two teams topped the 10% mark, and it's likely that one of them will win the prize. In the meantime, Netflix is already looking ahead. ...

Back in 2006, Netflix launched a contest to improve its movie recommendation algorithm. To win the Netflix Prize, a team has to improve the accuracy of the Netflix movie recommendations by 10% or more. The prize is a million dollars. Now it looks like one team may have won the contest, with a score of 10.05%. Although several teams had come close, nobody was able to hit the 10% mark until ...

Netflix has been a pioneer in the online retail space by providing automated recommendation services that can help you find items that you might like based on your previous video rentals, ratings, and other data. But for the past few years, Netflix has been trying to make its algorithm at least a little bit better through the Netflix Prize contest, which offers cash in exchange for significant ...