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'It will be comparable with the industrial revolution': Two legendary AI scientists win Nobel Prize in physics for work on neural networks

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John Hopfield and Geoffrey Hinton will share the 11 million Swedish krona ( $1.03 million ) prize for their work on artificial neural networks and the algorithms that enable machines to learn.

Hopfield , a professor in life science at Princeton University , was recognized for creating an associative memory network.

Hinton , a computer scientist at the University of Toronto , used Hopfield 's network in the early 2000s as the foundation for a method known as the "Boltzmann machine".