Economic incentive for innovation

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XPRIZE.

Last seen on: Newsday.com Crossword – Jun 27 2020

Random information on the term “XPRIZE”:

Culver City is a city in Los Angeles County, California. As of 2019, the estimated population was 39,185. The city was named after its founder, Harry Culver. Originally founded as a whites-only city or sundown town, since the 1980s it has become fairly diverse with one of the most diverse school systems in the United States. It is mostly surrounded by the city of Los Angeles, but also shares a border with unincorporated areas of Los Angeles County. Over the years, it has annexed more than 40 pieces of adjoining land and now comprises about five square miles.

Since the 1920s, Culver City has been a center for motion picture and later television production, best known as the home of Metro-Goldwyn-Mayer studios. From 1932 to 1986, it was the headquarters for the Hughes Aircraft Company. National Public Radio West and Sony Pictures Entertainment have headquarters in the city. The NFL Network studio is also located in Culver City.

Archaeological evidence suggests a human presence in the area of present-day Culver City since at least 8,000 BC. The region was the homeland of the Tongva-Gabrieliño Native Americans. For centuries, native people lived in areas currently part of and surrounding Culver City. The Spanish and Mexican governments offered concessions and land grants from 1785 to 1846 forming the Ranchos of California. Culver City was founded on the lands of the former Rancho La Ballona and Rancho Rincon de los Bueyes.

XPRIZE on Wikipedia