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Millennium Prize Problems
Summary
The Millennium Prize Problems are seven well-known complex mathematical problems selected by the Clay Mathematics Institute in 2000. The Clay Institute has pledged a US$1 million prize for the first correct solution to each problem.
The Clay Mathematics Institute officially designated the title Millennium Problem for the seven unsolved mathematical problems, the Birch and Swinnerton-Dyer conjecture, Hodge conjecture, Navier–Stokes existence and smoothness, P versus NP problem, Riemann hypothesis, Yang–Mills existence and mass gap, and the Poincaré conjecture at the Millennium Meeting held on May 24, 2000. Thus, on the official website of the Clay Mathematics Institute, these seven problems are officially called the Millennium Problems.
To date, the only Millennium Prize problem to have been solved is the Poincaré conjecture. The Clay Institute awarded the monetary prize to Russian mathematician Grigori Perelman in 2010. However, he declined the award as it was not also offered to Richard S. Hamilton, upon whose work Perelman built.
The Clay Institute was inspired by a set of twenty-three problems organized by the mathematician David Hilbert in 1900 which, despite having no monetary value, were highly influential in driving the progress of mathematics in the twentieth century. The seven selected problems range over a number of mathematical fields, namely algebraic geometry, arithmetic geometry, geometric topology, mathematical physics, number theory, partial differential equations, and theoretical computer science. Unlike Hilbert's problems, the problems selected by the Clay Institute were already renowned among professional mathematicians, with many actively working towards their resolution.
Grigori Perelman, who had begun work on the Poincaré conjecture in the 1990s, released his proof in 2002 and 2003. His refusal of the Clay Institute's monetary prize in 2010 was widely covered in the media. The other six Millennium Prize Problems remain unsolved, despite a large number of unsatisfactory proofs by both amateur and professional mathematicians.
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