AI Grand Challenges Act of 2026

The AI Grand Challenges Act of 2026 directs the National Science Foundation (NSF) to establish prize competitions for U.S.-based researchers and companies to solve specific, measurable problems in critical areas like health, national security, energy, and cancer research. It requires the NSF to publish clear problem statements and success metrics for each challenge, including a mandatory $10 million prize competition focused on AI-driven cancer breakthroughs for detection, treatment, or diagnostics. Eligibility is limited to U.S. entities or citizens/permanent residents, with annual reporting to Congress on competition results and public accessibility via the Challenge.gov platform. The bill mandates public input on challenge selection and biennial reports detailing program activities and outcomes.