IIT alumni's startup to give ₹9 cr for solving 5 science problems

Discovered Materials, an AI startup founded by IIT Madras alumni, has announced a $1 million (over ₹9 crore) prize challenge to solve five longstanding problems in materials science. These include developing a theory to explain cuprate superconductivity and predicting electrical properties of semiconductor interfaces. The firm uses AI models to discover new materials for building advanced chips.