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Billionaire Elon Musk said on Monday that his latest iteration of GROK chatbots from startup Xai could help college basketball fans choose the perfect bracket as the madness begins in March I said that.
Xai deployed a new chatbot GROK-3 with artificial intelligence (AI) on Monday night. During the event, Jimmy Paul, the company's lead researcher, said, “You could do something even more fun. Why not try to predict March Madness, for example?”
“This is fun to make a billion bet that Warren Buffett would win $1 billion from Warren Buffett if he matches exactly the whole crazy victory tree in March,” Musk said. He spoke in relation to the basketball tournament bracket.
“If it could help AI win $1 billion from Buffett, it would be pretty cool. That seems like a pretty good investment,” he added.
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No contestant chose the perfect March Mudness bracket. (Mitchel Layton/Getty Images)
Warren Buffett partnered with Yahoo and Quicken Loans in 2014 to offer a contest where contestants who choose the perfect March crazy bracket win $1 billion. There were no winners in the contest that year, so no jackpots were charged, and the contest changed over the next few years.
Buffett and Berkshire Hathaway revised the challenge to ensure that only employees of the company are eligible to win a new $1 million annual award.
The company has not yet announced details of this year's contest.
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Elon Musk says Xai's new Grok-3 will help you choose the perfect March crazy bracket. (Tom Williams/CQ Roll Call by Getty Images)
Despite millions of brackets being submitted on various platforms each year when multimadness begins, no one has chosen the perfect NCAA tournament bracket.
To choose the perfect bracket, March's crazy Oracle needs to pick all 63 games correctly in the tournament. Four games of the Elite 8, two final four games and national championship games, including 32 games in 64 rounds, 16 games in 32 rounds and 8 games in Sweet 16. The so-called first four games that allow the winner to advance to 64 rounds are usually ignored in bracket contests.
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College basketball fans submit millions of parentheses each year when March Madness begins. (Ethan Miller/Getty Images)
The NCAA analyzed the odds of making a perfect pick in 63 games with the March Madness Bracket.
If the bracket picker is guessing the outcome of each game, there is one chance for the 9.2 Quintilion to pick the perfect bracket, according to the NCAA. For reference, 1 Kintirion is 1 billion people.
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According to the NCAA, it's slightly better for bracket pickers who are well versed in college basketball, for bracket pickers who are well versed in college basketball.
