According to Foresight News, Devansh Mehta, a member of the Ethereum Foundation, announced that a competition for predicting donation amounts for AI-based projects has officially begun. Participants are required to predict the relative funding ratios among 1,023 groups of projects based on the provided 2,387 training comparison data. This competition serves as a warm-up for the official competition set to take place at the end of January, which will involve 4,303 Ethereum repositories and their dependent projects.

Devansh Mehta stated that Vitalik will fund $20,000 for this event, and the contributions of the participants may influence the funding methods for future open-source projects, gaining recognition from the community and Ethereum developers.