Tag: MADNESS

  • Elon Musk hints new Grok AI could beat Warren Buffett’s March Madness bracket

    Elon Musk hints new Grok AI could beat Warren Buffett’s March Madness bracket

    Billionaire Elon Musk on Monday said his startup xAI’s latest iteration of the Grok chatbot could help college basketball fans pick a perfect bracket once March Madness begins.

    xAI rolled out its new chatbot Grok-3, which is powered by artificial intelligence (AI), on Monday night, and during its event the company’s lead researcher, Jimmy Paul, noted, “We can also do something more fun. For example, how about make a prediction about March Madness?”

    “This is kind of a fun one where Warren Buffett has a billion bet that if you exactly match the entire winning tree of March Madness, you can win a billion dollars from Warren Buffett,” Musk said in reference to the NCAA Basketball tournament bracket.

    “It would be pretty cool if AI could help you win a billion dollars from Buffett. It seems like a pretty good investment,” he added.

    ELON MUSK SAYS HE’LL DROP $97B OPENAI PURCHASE OFFER IF CHATGPT MAKER STAYS A NONPROFIT

    No contestant has ever picked a perfect March Madness bracket. (Mitchell Layton/Getty Images)

    Warren Buffett partnered with Yahoo and Quicken Loans in 2014 to offer a contest in which any contestant who picks a perfect March Madness bracket would win $1 billion. The contest had no winner that year and the jackpot went unclaimed, and the contest has changed in the years since.

    Buffett and Berkshire Hathaway revised the challenge so that only company employees are eligible to win the new prize, which is $1 million per year.

    The company is yet to announce the details of this year’s contest.

    BUFFETT TALKS MORTALITY AND PHILANTHROPY IN SURPRISE SHAREHOLDER LETTER

    Elon Musk

    Elon Musk says xAI’s new Grok-3 could help pick a perfect March Madness bracket. (Tom Williams/CQ-Roll Call via Getty Images)

    No one has ever picked a perfect NCAA Tournament bracket despite millions of brackets being submitted on various platforms each year when March Madness begins.

    To pick a perfect bracket, the would-be oracle of March Madness would have to correctly pick all 63 games in the tournament – including 32 games in the round of 64, plus 16 games in the round of 32, eight games in the Sweet 16, four games in the Elite Eight, the two Final Four games as well as the national championship game. The so-called First Four games, which allow the winners to advance to the round of 64, are typically disregarded in bracket contests.

    MARCH MADNESS LETS ATHLETES BOOST NAME, IMAGE, AND LIKENESS OPPORTUNITIES

    March Madness Viewing Party At The Westgate Las Vegas

    College basketball fans submit millions of brackets each year when March Madness begins. (Ethan Miller/Getty Images)

    The NCAA analyzed the probability of making perfect picks for the 63 games in the March Madness bracket.

    If a bracket picker guesses the outcome of each game, there is a 1 in 9.2 quintillion chance of picking a perfect bracket, per the NCAA. For reference, one quintillion is one billion billions.

    GET FOX BUSINESS ON THE GO BY CLICKING HERE

    The odds are slightly better for a bracket picker who is knowledgeable about college basketball, though they still face long odds of about 1 in 120.2 billion, according to the NCAA.

  • ‘STOP MADNESS’: Tools to sanction bad actors ‘fueling’ illegal immigration is focus of Scott, Moreno bill

    ‘STOP MADNESS’: Tools to sanction bad actors ‘fueling’ illegal immigration is focus of Scott, Moreno bill

    FIRST ON FOX: Republican Sens. Tim Scott and Bernie Moreno rolled out a measure to provide President Donald Trump with tools to sanction bad actors “fueling” illegal immigration, Fox News Digital has learned. 

    Scott, R-S.C., and Moreno, R-Ohio, rolled out the Stop Madness Act on Monday, which they said would give the president the power to place economic sanctions on foreign entities facilitating illegal immigration into the United States. 

    HERE’S WHAT HAPPENED DURING PRESIDENT TRUMP’S SECOND WEEK IN OFFICE

    Republican Sens. Tim Scott, pictured here, and Bernie Moreno rolled out a measure to provide President Donald Trump with tools to sanction bad actors “fueling” illegal immigration.  (Justin Sullivan/Getty Images)

    Specifically, the bill would ensure the president can impose sanctions on foreign governments that refuse to accept the return of their citizens who have unlawfully entered the U.S. — denying them access to the U.S. financial system. 

    The bill also would sanction individuals and entities that knowingly facilitate unlawful immigration, including human smuggling networks and financial institutions that enable their operations.

    Bernie Moreno

    Bernie Moreno said the bill will give the president “all the authority he needs to apply maximum pressure against corrupt  individuals within foreign governments who refuse to allow the US to secure our borders.”  (Reuters)

    TRUMP-ERA SOUTHERN BORDER SEES MIGRANT ENCOUNTERS PLUMMET BY OVER 60% AS NEW POLICIES KICK IN

    It would also authorize Trump to invoke his authorities under the International Emergency Economic Powers Act (IEEPA) to block assets and restrict transactions related to sanctioned individuals and entities. 

    ‘THIS IS ABOUT FENTANYL’: TARIFFS ARE CRUCIAL TO COMBATING ‘DRUG WAR,’ TRUMP AND CABINET OFFICIALS SAY

    The bill also would mandate a report from the president on actions taken pursuant to the bill, providing transparency to Congress for further legislative action.

    “If a foreign entity shows resistance to repatriation or enables illegal immigration to the United States, they should be met with the full force of our economic and national security tools,” Scott told Fox News Digital on Monday. “The American people gave President Trump — and Congress — a mandate to crack down on illegal immigration, and this bill will ensure the president has important tools to hold accountable countries and criminal organizations who refuse to comply with our immigration laws.” 

    CLICK HERE TO GET THE FOX NEWS APP

    Scott added: “I’m proud to lead this important effort to help protect the safety of Americans.” 

    Moreno told Fox News Digital that the bill will give the president “all the authority he needs to apply maximum pressure against corrupt  individuals within foreign governments who refuse to allow the US to secure our borders.” 

    “Socialist dictators like Gustavo Petro are going to learn they have two options with President Trump when it comes to migrant reparations: the easy way and the hard way,” Moreno told Fox News Digital.