XPrize to give $5 million to creator of cheap, fast COVID-19 testing

Tech giants including Google and Amazon pledged support for a $5 million competition to accelerate cheap and fast COVID-19 testing in the U.S. The competition is being run by XPrize, the non-profit organization that designs public competitions to solve global challenges with hefty grants. Recently, it offered $10 million to the first team able to create a functional robotic avatar by 2021. This time, it's offering up $5 million to innovators around the globe who can come up with inexpensive, fast, and easy COVID-19 testing that enables effective, data-driven tracing. Teams are tasked with creating a test with a maximum turnaround time of 12 hours, from sample to result, using a minimally invasive collection procedure. And each test must cost less than $15, including all materials. While the prices of current COVID-19 tests vary, most cost around $100. Read more...More about Xprize, Coronavirus, Covid 19, Tech, and Big Tech Companies