Hutter Prize

The Hutter Prize is a cash prize funded by Marcus Hutter which rewards data compression improvements on a specific 100 MB English text file. Specifically, the prize awards 500 euros for each one percent improvement (with 50,000 euros total funding) in the compressed size of the file enwik8, which is the smaller of two files used in the Large Text Compression Benchmark; enwik8 is the first 100,000,000 characters of a specific version of English Wikipedia. The ongoing competition is organized by Hutter, Matt Mahoney, and Jim Bowery.