IBM and America’s Favorite Quiz show Jeopardy has announced that an IBM computing system named “Watson” will compete on Jeopardy! against the show’s two most successful and celebrated contestants -- Ken Jennings and Brad Rutter.

The first-ever man vs. machine Jeopardy! competition will air on February 14, 15 and 16, 2011, with two matches being played over three consecutive days.

Watson, named after IBM founder Thomas J. Watson, was built by a team of IBM scientists who set out to accomplish a grand challenge – build a computing system that rivals a human’s ability to answer questions posed in natural language with speed, accuracy and confidence. The Jeopardy! format provides the ultimate challenge because the game’s clues involve analyzing subtle meaning, irony, riddles, and other complexities in which humans excel and computers traditionally do not.

Competing against Watson will be two of the most celebrated players ever to appear on Jeopardy! Ken Jennings broke the Jeopardy! record for the most consecutive games played by winning 74 games in a row during the 2004-2005 season, resulting in winnings of more than $2.5 million. Brad Rutter won the highest cumulative amount ever by a single Jeopardy! player, earning $3,255,102. The total amount is a combination of Rutter’s original appearance in 2002, plus three Tournament wins:  the “Tournament of Champions” and the "Million Dollar Masters Tournament" in 2002 and the "Ultimate Tournament of Champions" in 2005.

The grand prize for this competition will be $1 million with second place earning $300,000 and third place $200,000. Rutter and Jennings will donate 50 percent of their winnings to charity and IBM will donate 100 percent of its winnings to charity.

"After four years, our scientific team believes that Watson is ready for this challenge based on its ability to rapidly comprehend what the Jeopardy! clue is asking, analyze the information it has access to, come up with precise answers, and develop an accurate confidence in its response,” said Dr. David Ferrucci, the scientist leading the IBM Research team that has created Watson. “Beyond our excitement for the match itself, our team is very motivated by the possibilities that Watson's breakthrough computing capabilities hold for building a smarter planet and helping people in their business tasks and personal lives."

"We're thrilled that Jeopardy! is considered a benchmark of ultimate knowledge,” said Harry Friedman, Executive Producer of Jeopardy!. “Performing well on Jeopardy! requires a combination of skills, and it will be fascinating to see whether a computer can compete against arguably the two best Jeopardy! players ever."