The Clay Mathematics Institute

The Clay Mathematics Institute, founded in 1998, is a private organization dedicated to advancing mathematical knowledge. It promotes high-level research by supporting mathematicians and projects worldwide. One of its most notable initiatives is the Millennium Prize Problems, a set of seven challenging unsolved questions in mathematics. The institute offers significant monetary prizes ($1 million each) for solutions to these problems, encouraging breakthroughs in fields like algebra, geometry, and number theory. Overall, it aims to highlight the importance of mathematics and inspire progress in understanding the fundamental principles of the universe.