CHARLOTTESVILLE, Va., Oct. 7 -- The University of Virginia issued the following news release:

University of Virginia third-year student Chase Rosen and his team turned their entrepreneurial experience into an AI-powered platform to help others launch businesses - an idea that earned them fourth place and $100,000 in the Google-sponsored Build with Gemini XPRIZE competition.

Rosen's team emerged from more than 26,000 registered builders worldwide who took on the challenge of creating a revenue-generating, AI-powered business in 90 days. Judges considered how well each business could succeed, how effectively it used AI and the impact it could have, then chose five finalists.

Rosen, an economics and applied statistics major, and his teammat...