The Third Progress Prize launched in November 2025.

Building on the success of AIMO1 (won by Project Numina) and AIMO2 (won by Nvidia's team NemoSkills), AIMO3 increases the prize pot, raises the difficulty level of the math problems, and provides more compute hardware for competitors.

The first progress prize included problems at intermediate-level high school mathematics competitions, but which did not reach IMO difficulty. It was open from 1 April to 27 June 2024, with the prizes distributed to five teams in July 2024 at the 65th IMO in Bath, UK. There was a $1.048 million prize pool.

The second progress prize featured 110 math problems covering algebra, combinatorics, geometry and number theory. The difficulty was increased from the first competition, and the problems were around the National Olympiad level. There was a $2.1 million prize pool.

A set of Frequently Asked Questions has been collated from the correpondence submitted to aimo@xtxmarkets.com.