SEATTLE–(BUSINESS WIRE)–(NASDAQ: AMZN)—Today, Amazon announced the Alexa Prize, an annual university competition dedicated to accelerating the field of conversational artificial intelligence (AI). The goal of the inaugural competition is to build a “socialbot” on Alexa that will converse with people about popular topics and news events. The team with the highest-performing socialbot will win a $500,000 prize. Additionally, a prize of $1 million will be awarded to the winning team’s university